Disagree. A revenue increase of 50% may see them in profit or close to it.
- 50M of re-cap expense this FY. That's 50M saved next FY. That's not chicken feed.
- Agree with the lousy re-cap. BLY is in a tight spot, even more so mid 2017, so creditors held all the screwing power.
- As for the South African sale, was it just an impact of the mining macros? Was it soon to be loss making? Just like the rigs they've sold; they're loss making items or about to be. Nothing wrong with downsizing at the mining cycle low.
Todays dumping at 1 - 1.2 may have been the last of such. The time to buy is now!
- Debt reducing.
- Revenues increasing, and importantly from product sales as well as drilling.
- Exploration growing.
- Forums
- ASX - By Stock
- BLY
- Ann: 2017 Full Year Results Presentation
Ann: 2017 Full Year Results Presentation, page-37
-
-
- There are more pages in this discussion • 8 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
Add BLY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online