Is this the $11.9 mil everyone is looking for? You didn't read and didn't listen. Retailers lose money on hype instead of facts. Buy on rise and sell on fall until broke.
From the transcipt. Moving on to the cash flow. It's important to note, if you look in the balance sheet, as at the end of June, we had a receivable, a trade receivable, from a shipment that left towards the end of June but the cash was only received in early July of just over USD 15 million, which is not included in the cash flow statement. We spent $11.9 million on property, plant and equipment at Cattlin in relation to the yield optimization and sustaining CapEx. And we spent $8.5 million at James Bay and Sal de Vida on further progressing the project. Importantly, we are debt free with significant cash flow that allows us to expand and optimize our initiatives organically.
GXY Price at posting:
$2.80 Sentiment: Buy Disclosure: Held
