Yeah but cash and cash equivalents available of A$40.8 million at 30 June 2022 include gold in transit. I personally find the statement deceptive unless anyone can explain the breakdown of sales from the available cash.
Still filthy on the cop out of the plant availability. Will take me a while to digest the full report but I believe strongly that FFX should consider outright procurement (ownership) of critical path plant and fleet. Ive had way too much experience with this exact issue in remote environments even within Australia. Sure a contracter model is appealing but most run the guts out of their kit till failure. Its rarely ever the sub contractor faces liquidated damages or penalties for failure to deliver on KPIs. Just my take anyway
- Forums
- ASX - By Stock
- FFX
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-8
-
- There are more pages in this discussion • 214 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)