Looking at Macquarie report the cash has gone like this:
FY Dec 08
Outgoings
Divvys $200M
Tax $174M
Cap Ex $1107
Exploration $51
Incomings
Cash flow from Operations $174M
Drawdowns $374
Share capital $43
Net cash total outflow $933M
NB: There are some other minor items
And so there disappears a big part of $1.2B
They obviously thought they could fund the Cap Ex from day-to-day operations and did not think prices would fall as much...
Cheers
Muzz
- Forums
- ASX - By Stock
- OZL
- spoke to company - century cash flow positive
spoke to company - century cash flow positive, page-37
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)