"-Cash left is as of DEC 31...We will have cash Receipts coming in for this current quarter by now"
What I can gather from various GXY reports:
Trade receivables 20130630: $4.039M
Add: H2 revenue: $24.245M
Less: H2 receipts: $16.288M
Trade receivables 20131231: $11,996M
If there is no collection problem, or worse still, bad debts, then the cash balance of $2.4M will be backed by $12M cash inflow from trade receivables to sustain Q1. We shall soon see. All the best.
- Forums
- ASX - By Stock
- GXY
- an: q report and cash flow
an: q report and cash flow, page-27
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares