It's going to be long road back. As you have discovered, $50m is just to move dirt and put cover at bp33. With all the sale of dso and spod, they only added $5m to the bank in six months.
152- 22(repayment)- 125( December balance)= $5m.
Call it capex/opex, Whatever.
of what's left they've allocated
50(bp33) + 40( exploration/ study) + 25 (financial year)+ 5(corporate/working) = $120m , nothing left, hence the CR at stupid level.
He's looking after number1. Have Seen this type before. Take care all as will not post much in coming months.
Ann: A$100m Underwritten Institutional Placement and A$20m SPP, page-245
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
