The last Q showed $56M cash and $177M debt.
Presumably a lump of that cash has been spent.
One would think priority is achieving a sales price that pays down debt.
The total spend has been close to $500M. Nobody in their right mind would pay anything near that given the superior SOP resources/projects that remain undeveloped in WA with capital costs almost certainly lower.
- Forums
- ASX - By Stock
- SO4
- Ann: AGM and Financial Reporting relief
Ann: AGM and Financial Reporting relief, page-15
-
- There are more pages in this discussion • 4 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 SO4 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online