It's going to be long road back. As you have discovered, $50m is just to move dirt and put cover at bp33. With all the sale of dso and spod, they only added $5m to the bank in six months.
152- 22(repayment)- 125( December balance)= $5m.
Call it capex/opex, Whatever.
of what's left they've allocated
50(bp33) + 40( exploration/ study) + 25 (financial year)+ 5(corporate/working) = $120m , nothing left, hence the CR at stupid level.
He's looking after number1. Have Seen this type before. Take care all as will not post much in coming months.
It's going to be long road back. As you have discovered, $50m is...
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8.6¢ |
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Mkt cap ! $183.7M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 2 | 77141 | 17.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 7210744 | 1 |
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