"The Forrestania operation produced 5,399tn of nickel in concentrate for the quarter, generating operating cashflow of A$56.7m. This allowed the Company to record strong net free cashflow of A$19.0m after all capital expenditure, exploration and payment of the FY19 full year dividend. "
Also have $190M min receivables and cash at bank
This is seriously undervalued with a $750M market cap and a new mine on the cusp
WSA Price at posting:
$2.74 Sentiment: None Disclosure: Held