I agree with wait and see book build results. Can anyone on this forum give an opinion on whether COK will be cash flow positive at current PCI pricing and all in sustaining costs, including WICET payments? Or will they be eating into capex monies? I think this is key to consider also any likely further borrowing if they are burning cash?
Th prospectus and investor presentation just give a glossing ok at future PCI pricing and don't give any short term projections. Can other posters kindly offer their insight, and whether they are mindful to take up cap raising?
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Ann: $125M Recapitalisation to fund Baralaba Expansion Project, page-27
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