YAR 0.00% 0.4¢ yari minerals limited

Ann: Quarterly Cashflow Report, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 806 Posts.
    lightbulb Created with Sketch. 606
    Have had a look at the quarterly activity report as well as the quarterly financial report and most importantly for holders the following statement 

    Revenue from the sale of Zinc and Lead Concentrates to Grupo Mexico under the Tolling and Offtake Agreement, and cash on hand at the end of the quarter are forecast to provide sufficient funding of the forecast cash outflows during the March 2019 quarter.”

    This ultimately means no cap raise IMO and a strong monthly production report next week should finally see a re-rate of this undervalued asset. Patience is the key here...

    Zinc on the rise
    Dollar remains in exporters favour 
    Decrease in costs
    Increase in production 
    Zinc stocks still low

    GLTAH
    cheers
    Rb


 
watchlist Created with Sketch. Add YAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.