A40 alita resources limited

Ann: Administrators commence recapitalisation process, page-78

  1. 7,701 Posts.
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    so you are talking hypotheticals here and ifs and maybes?

    ME: Mt Cattlin is the lowest cost producer and still making a positive margin on product sold
    YOU: but GXY is not selling
    ME: checks the latest shipping data and GXY exceed the shipping guidance for the September quarter (shipped/sold 60kt!!!!)
    YOU: but the cash is declining
    ROB826: it was 45 million in 2018 and 176 million in 2019
    YOU: lets see if GXY can sell an asset every year to keep the cash going up
    ME: lets see if there is no tomorrow, lets see if there is a lithium supply crunch round the corner ala zinc and Iron ore, lets see if the global markets collapse next year...... lets see if there is an A40 discussion forum next year on hot copper....lets see wink.png
 
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