You forgot to convert to AUD: 48,000 x US$600 x 1.45 = $41.76 million Current cash: Roughly $32 million Total cash by end of quarter (not including outgoings): $73.76 million Forecast costs = $52 million Forecast end of quarter cash: $73.76-52 million = $21.76 million
We will not have any interest due next quarter so if we make it through this one then we should be sweet
AJM Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
