OK...Heads up long timers.
Whenever I see "Investor Presentation"...I smell CR coming up.
Looking over the last "Quarterly Activity and Cash Flow Report" there was approx $14M in cash at the end of March.
On Page 24 - 4.0... the "Estimated cash outflow for next quarter" is estimated to be $6,710,000 (April - June)
So my concern is the coincidence of the following:
a) Big increase in SP since Jan 2014 (setting up SP for CR discount???)
b) Investor Presentation Released 2 July (European Road Show)
c) Could be out of cash by end 2014 (Depending on forecast cash outflows for next quarter July - Sept)
IMO...possible CR on the horizon
Does anyone know if Sumitomo Metal Mining (JV Partner) are required to tip more cash....and if so when?
Any thoughts?...constructive input appreciated.
Thanks in advance.
As always DYOR
- Forums
- ASX - By Stock
- GOR
- Ann: Investor Presentation
Ann: Investor Presentation, page-3
-
- There are more pages in this discussion • 9 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 GOR (ASX) to my watchlist
|
|||||
Last
$1.83 |
Change
-0.005(0.27%) |
Mkt cap ! $1.982B |
Open | High | Low | Value | Volume |
$1.82 | $1.84 | $1.79 | $9.179M | 5.043M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 39700 | $1.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.84 | 18397 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25951 | 1.830 |
6 | 92894 | 1.825 |
3 | 31151 | 1.820 |
4 | 46795 | 1.815 |
1 | 5780 | 1.810 |
Price($) | Vol. | No. |
---|---|---|
1.835 | 18397 | 2 |
1.840 | 20089 | 2 |
1.845 | 39262 | 2 |
1.850 | 84504 | 13 |
1.855 | 22129 | 2 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
Featured News
GOR (ASX) Chart |