ffs, capex a "blowout" how do you develop extra capacity without spending $$$$....big F_n deal...$110m cash used to fund production expansion! Its not like we drained the whole kitty, there's more ca$h than our mkt cap still sitting on the books and we're almost done with it.....
sick of hearing net debt BS.
in terms of OPERATIONS: Costs: Revenues:
Operating ca$hflow Break-even in this low production, high capex, low ore price environment.
A lot changes when that stanwell rebate is gone and Coking coal prices normalise........also, the massive decrease in Australian production (to lift next qtr) will decrease costs substantially......
stop stressing peeps. We've lost 80-90% of our mkt cap, have a mktr cap less than our ca$h holding, have INVESTED more than our MKT cap in production expansion in two years alone....
ffs....stop the whingeing!! $3bn revenue company valued at 10% of its revenue......fund managers that do 1/3 of ourt revenue valued in the billions.....
CRN Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
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