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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-56

  1. Rob1000
    917 Posts.
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    09/08/24
    07:32
    Post #: 75134707
    "Same old BS"

    Yes but it's as per normal it's not from me. My numbers stack up. 1.97 + 9.27 + 2.17 - 3.48 = 9.93 million cash burn for the QTY

    Also for "operating costs" you need to add in thinks like wages, admin etc, Which will leave you with a large operating loss.

    https://hotcopper.com.au/data/attachments/6369/6369848-3eef89d668fa131d48d3806804d78292.jpg

    With the cash burn continuing at both mines, how do you expect them to get back over the 5 million cash at bank to draw on the QIC loan???



    EQR Price at posting: 4.3¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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