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2.44% 4.0¢ olympio metals limited

Ann: Appendix 4D and Half Year Accounts, page-41

  1. moorookamick
    22,449 Posts.
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    03/12/19
    11:16
    Post #: 41765408
    If the DL contract commenced the last week in Oct, then this would give CLI 9 X $300K payments to 31st Dec + $400K Ag services.= $3.1 mil AUD
    Add to this $1.8 mil cash which would give Income + cash of $4.9 mil to Dec 31st
    Forecast outgoings (Sept Qtr ann) $4.761 mil
    Therefore $ 140K cash by 31st Dec which, IMO, is running too close to zero without an additional sale in the interim

    CLI Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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