As anyone who runs their own business is well aware you need cash to pay your bills each month and in some cases fortnightly
AISC is an "interesting number" if I believe a senior and experienced analyst at Argonaut says it means little
He like other experienced analyst's examines and assess's free cash flow as the ultimate test
No different to a small business
in the horra banda case it has been negative cash flow for a long time and as further evidence tax and accounting losses amounting to some $344m plus are not accumulated by some magic wave of the wand,they are serious losses of shareholders money and in one year debt forgiveness by creditors who took a haircut reduced the losses by some $32m I think
OBM Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)