KAU 3.03% 16.0¢ kaiser reef limited

Ann: Production Increased, page-66

  1. 819 Posts.
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    Everyone likes a company with a very healthy cash balance.
    It's like having a safety net, look at what's been happening with 29m.
    They might get away with not having to do a capital raise thanks to cash reserves.
    Don't wanna be one hiccup away from crisis, also want to build a cash buffer before either starting up the other mine or returning capital to shareholders.
 
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