Hi
I’m travelling atm, so no time to type too much.
I wanted to point out a few things in response to your post.
1. Forecast revenue includes a buffer for deferral of more San Quintin revenue (large part of original $95m) to be recognised in 2018. This is timing only, so more will be recognised in 2019.
2. Not all US$95m will be recognised as revenue in 2018, and there will likely be a large backlog to carry forward to 2019. If they match $95m, that means they forecast to win well over $100m in revenue in 2018. However only a fraction will be recognised in time for 2018.
3. Cash burn for the next quarter is gross in the 4C, it is offset by the large PDVDS $43m inflow. So you are not correct in offsetting the $25m outflow against the $33m. They have plenty of cash, there is little risk of a cap raising in 2018 or 2019.
- Forums
- ASX - By Stock
- FLC
- Ann: Appendix 4C - quarterly Q4 and Commentary
Ann: Appendix 4C - quarterly Q4 and Commentary, page-31
-
- There are more pages in this discussion • 52 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
NEWS
Is oil undervalued?
Add FLC (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.007(7.53%) |
Mkt cap ! $108.0M |
Open | High | Low | Value | Volume |
9.7¢ | 10.0¢ | 9.6¢ | $12.87K | 130.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 39768 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39768 | 0.100 |
1 | 5799 | 0.092 |
2 | 147890 | 0.090 |
1 | 1176 | 0.085 |
1 | 43000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 10000 | 1 |
0.110 | 212268 | 3 |
0.115 | 110000 | 2 |
0.120 | 265065 | 4 |
0.130 | 75364 | 3 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
Featured News
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
FLC (ASX) Chart |