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0.00% 0.9¢ calima energy limited

Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-25

  1. Metbend
    103 Posts.
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    05/01/24
    10:55
    Post #: 71738599
    It says no less than 85%, it might be more but we all know to expect the worst case with calima. It says they have 4mil in cash+ 12.5mil from sale+ whatever cashflow they generate in q1 (remember we are at peak production + no drilling so low capex). Why do they need all this cash?
    CE1 Price at posting: 10.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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