"Liquidity" $12m
Now it turns out they only have $3.4m in cash and $8.4m in inventory. Is that all bullion? What about diesel, explosives, spare tyres etc.?
I think they could need $40-50m and at a reasonable 25 cents per share that will be 160m to 200m new shares.
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Ann: Appendix 4E - Preliminary Final Report - 30 June 2016-TRY.AX, page-2
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