Crown Mountain is NOT going to generate ANY cash for years. If anything, it is going to suck in cash from BRL for the next 3 years.Escarpment: zero cash flow coming from that either...let's just hope we don't lose US$60 million in the court case. That is the best that we can hope for it.
If we lose the court case, there will be ZERO dividends in 2019.
The problem of course is that even if you assume the loss of the court case and add it as debt, the share price remains a deep value trap. No one believes in Jacinda Arden's NZ regime, and/or this management, etc.
Crown Mountain is NOT going to generate ANY cash for years. If...
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Last
81.0¢ |
Change
-0.005(0.61%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.5¢ | 79.0¢ | $22.60K | 28.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12578 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 177555 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BRL (ASX) Chart |