When I looked at production and ASIC I was a bit disappointed, but operating cash flow was $24.7 million and net cash still rose to circa $110 million. At the end of the day cash is the name of the game and given over $10.6 million was on Aldiss capex and $2.6 million was on exploration I think it was a pretty good result. Inventory movements were $11.4 million which is what bumped ASIC up. This will be recovered over the coming year so cash flow generation will only strengthen from here.
Worth noting that Daisy north will come into production later this Financial year. See comments below. Not included in reserves and high grade shallow u/g mine. Good times ahead. I'm buying this dip. GLTA/IMHO
![]()
- Forums
- ASX - By Stock
- SLR
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-2
-
- There are more pages in this discussion • 11 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 SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online