Fair point Firsova, I think they will need positive cash flow and contracts to get loans, but wouldn't expect them to need the loans without contracts that are either signed or agreed in principle.
Positive cash flow would presumably be demonstrated at Moolap. If they are not making money there they possibly won't be too anxious to rush into OS deals.
However, the process is already cash flow positive.
The structure appears to be set up so that loans would be made to the aluminium division and I think they'd be able to arrange that regardless of the profitability of the minerals division.
- Forums
- ASX - By Stock
- VYS
- mhm
mhm, page-17
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VYS (ASX) to my watchlist
(20min delay)
|
|||||
Last
51.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.4M |
Open | High | Low | Value | Volume |
51.5¢ | 52.5¢ | 49.5¢ | $226.0K | 441.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 80679 | 51.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.5¢ | 6382 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 80679 | 0.510 |
1 | 5996 | 0.505 |
2 | 20996 | 0.500 |
2 | 3783 | 0.495 |
7 | 51705 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.515 | 6382 | 1 |
0.520 | 137978 | 4 |
0.525 | 72262 | 5 |
0.530 | 59000 | 2 |
0.535 | 3000 | 2 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
VYS (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online