Interest is due next quarter...
Item 9.6 - $15,391,000 AUD
What’s not accounted for is the $22,400,000 Shanshan capital raise. It’s not in this quarterly or else it should be under item 3.1 for this quarter.
So
$9,875,000 AUD cash left
Q3 projected production
Projected production costs is $25,311,000 AUD.
So off current cash costs, projecting production of 25311000/560 = 45198 tonnes for the quarter.
So 15,066 tonnes a month of production. Fits ball park figure.
They sold and shipped 38,635 tonnes this quarter selling for $600 USD dmt. Equals $857 AUD dmt.
Projected income is 38636 x 857 = $33,110,195 AUD for Q3.
So cash avail end of Q3
9,875,000 (cash) + 33,110,195 (income) + 22,400,000 (shan2 capital raise)
=$65,385,195 AUD
-projected outflows of $52,491,000 AUD.
= $12,894,195 AUD cash remaining end of Q3.
We can’t afford anymore unexpected CAPEX surprises or to keep raising cash every quarter to pay interest.. granted. I agree, this thing is balanced on a knife edge.
- Forums
- ASX - By Stock
- 1MC
- Ann: Quarterly Cashflow Report
Ann: Quarterly Cashflow Report, page-37
-
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1MC (ASX) to my watchlist
|
|||||
Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.62M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.2¢ | $9.66K | 230.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24752 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 92580 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24752 | 0.042 |
8 | 320583 | 0.040 |
1 | 18000 | 0.039 |
1 | 50000 | 0.037 |
1 | 16500 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 92580 | 4 |
0.045 | 63150 | 4 |
0.046 | 21739 | 1 |
0.047 | 45000 | 1 |
0.048 | 20833 | 1 |
Last trade - 13.14pm 02/08/2024 (20 minute delay) ? |
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
1MC (ASX) Chart |