I think you're right on the cash and cash equivalents count Dan. I do think it's probably a timing consideration though. Eg. They received payment for the bullion receivable in July. We don't know which week nor how often payment comes through. Is it weekly / bi-weekly / monthly / random? Current weekly payments would be in the vicinity of $3m. Receivable at the end of June was $7.2m. That could be 3 weeks worth of production back then (?).
I think you're right on the cash and cash equivalents count Dan....
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Last
$1.55 |
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