Let’s take your best case scenario gold at AUD $3000 = $115mill
Borrowings from auresources $60mill or AUD$92mill and I believe they’ll take every cent if it’s legitimately available (which I don’t believe) for administration/ ‘con’struction / another useless gekko/ new utes and Harley’s leaves $23mill (115-92)
$23mill less LDA share 16% after consolidation $20mill less tax 30% = $14mill attributable to shareholders.
$14 mill best case scenario over how many years and if gold goes down by the time these donkeys get their act together it’s much less.
What an absolute joke.
Let’s take your best case scenario gold at AUD $3000 =...
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