Well they spent $47m in Q1 and $48m in Q2. There is nothing to suggest they won't spend the same amount in Q3 and Q4. On all available info that is what it costs to run the place.
If as you say they are at 75% by the end of Q3 then have no sales in Q4 then the $20m "Provisional Coburn commissioning & working capital" and $36m "Additional working capital, corporate and offer costs" will be wiped out and the $15m "Growth projects" will probably be gone too. 3 shipments of HMC in Q3 and nothing in Q4 doesn't support the burn rate.
Ann: Coburn Project Commissioning of WCP Advancing Rapidly, page-127
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| STA (ASX) Chart |
Day chart unavailable