Last chance to get set …, page-12

The following summary is from the 31/12/21 accounts
31/12/21 30/6/21


Cash $15.02 $24.2

Receivables 7.3 1.4

Prepayments 1.1 .6

Trade Creditors 22.4 21.0

Available cash 1.0 5.2

Cash Burn for the 6 months $4.2m

Sale of asset $11.0m

Negative Operational Cash flow $15.2m

32000ozs sold at $2458

($15.2m divide 32000ozs = $475oz)

Need to average (42458 =475 ) $2933 oz to break even cash flow all other factors being equal

Major strip at Sand King 16/1 and higher (more cash) initially

Horra Banda maybe

Critical comment welcome