"Would you not expect capex to drop when P1000 is complete? I don't see the issue?"
As I've mentioned in each post having looked at the financial statements this morning, even with the lithium price a lot higher than where it is today, in the second-half the company leaked cash flow at the Net Receipts line; i.e., even before any spending on any capital items (maintenance, expansion, exploration or evaluation) or making payments to service interest or taxation obligations.
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Ann: FY24 Full Year Results, page-48
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Last
$3.02 |
Change
0.065(2.20%) |
Mkt cap ! $9.049B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $3.03 | $2.92 | $24.52M | 8.226M |
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| No. | Vol. | Price($) |
|---|---|---|
| 35 | 92753 | $3.01 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 403205 | 84 |
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