Will they now generate really useful positive cashflow quarter on quarter ??
I realise they also getting Tas mine more sorted again after been poor recently. (Maybe divest. ? Best to keep if can run it much more profitably and grow resources ?)
But I worry- re capital- to truly get in and move all forward ?
Today a number of halts for additional cap raises, where the commodity price at record and high prices and managements want to rapidly progress to get the cashflow income growth oomph they want for their ambitions to grow their companies.
Cash on hand currently not high CYL?
Be ok if -
1. they in big earnings accretive quarter at last ?? But they need make sure no glitches at all , solid income & proof big turnaround. &
2. they don’t have more ambitions to progress faster or do more development works than feasibly cashflow securely generate atm?
No idea - past burned badly, like to understand if after lot of to and fro in shareprice past year , they are now Ok?
Or they might seek more money ? Again?
Times like this I know I’m not a miner , apologies
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