Can they draw down $50 million and casually refer to those funds as "cash"...? I don't think so.
In the November Investor Update they clearly referred to them separately -
"Cash and equivalents $103M"
"Debt $50M"
If they are reporting "Second Quarter Cash, Bullion and Liquid Investments" at $152M, that surely reflects a cash build of $49M for the quarter
.
Can they draw down $50 million and casually refer to those funds...
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Last
$2.56 |
Change
-0.050(1.92%) |
Mkt cap ! $2.410B | |||
| Open | High | Low | Value | Volume |
| $2.53 | $2.57 | $2.51 | $5.241M | 2.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 40336 | $2.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 55588 | 38 |
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| Last trade - 13.30pm 31/07/2025 (20 minute delay) ? |
| WGX (ASX) Chart |