Perhaps I did study English in a different schooling system. However hard to infer anything other than what I stated above.
They have A$100m working cap facility which they won't be able to use for general expansion. They are forecasting $1m of cash outflows for the next quarter based on previous assumptions which are probably not based on current mkt prices. and they have a $51m cash balance.
To assume that they could do this expansion without raising capital is not reasonable.
Appears market agrees.
- Forums
- ASX - By Stock
- NCZ
- Ann: IN SITU EXPANSION STUDY DELIVERS STRONG VALUE ADD POTENTIAL
Ann: IN SITU EXPANSION STUDY DELIVERS STRONG VALUE ADD POTENTIAL, page-9
-
- There are more pages in this discussion • 93 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NCZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online