I am not arguing that CE1 is not Operationally cash flow positive .
However being FCF positive while maintaining production is the most relevant financial metric to evaluate the business .
Lots of costs besides production costs .
Drilling new wells to maintain production is the big one but not the only one .
The end of month quarterly will tell us .
Ann: Company Update, page-159
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $5.701M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $44.91K | 4.990M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7376737 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1578871 | 4 |
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| Last trade - 10.57am 20/06/2024 (20 minute delay) ? |
| CE1 (ASX) Chart |