SPR 5.73% $1.39 spartan resources limited

Ann: Gascoyne AGM Presentation, page-2

  1. 661 Posts.
    lightbulb Created with Sketch. 61
    Hmm.
    Where has all the cash gone . Net cash on this only 6.4 million . last qtly had 26.4million cash and debt of 10.4 million for Net cash 16 million . Then we should also get FFR cash of 2 million so around 18 million .,. Seems to be 12million has vanished. Am I missing something?
    CORPORATE STRUCTURE1 ASX:GCY
    Shares on Issue 370M
    Share price A$0.265
    Market Cap A$98M
    Cash A$26.4M
    Con Note Debt A$20.0M
    Net Cash A$6.4M
    Hedge Book Value Nil
    Enterprise Value A$92M
    Good luck and DYOR
 
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