Alex999,
Your analysis and hypothesis are absolutely correct.
Your post is the most comprehensive and accurate portrayal of the current and future position of the company.
There are a lot more skeletons to come out of the closet yet.
The situation Noble faces here in Ghana is dire.
It is such a pity that the shareholders in Australia have been misled for as long as they have.
In effect Noble has been only processing tailings from EXTERNAL sources for months as none of their equipment can work. They are so short of cash they run out of consumables every couple of days (cynanide).
Their actual production profile and costs are shocking. They have dug a substantially deeper cash deficit through these last six months.
You are correct in saying it will be the September quarter at the EARLIEST - and only IF they get money now.
Finally some rational discussion !
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