I'm even more confident in GCY and it's management after reading this report.
Production down.
Grade down.
Recovery down.
AISC up.
yet...
March Quarter
Cash & Equivalents = $27,000,000
Debt =$17,500,000
Net Cash =$9,500,000
June Quarter
Cash & Equivalents =$27,900,000
Debt =$14,000,000
Net Cash =$13,900,000
Net Cash build June quarter of $4,400,000
Exploration Budget $2,070,000
Total Free Cashflow after Capex and sustaining costs at $6,470,000
If this happened during a challenging quarter, imagine what sort of cash this company can generate when things go well?
Ann: June 2021 Quarterly Activities Report, page-8
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.25 |
Change
-0.030(2.35%) |
Mkt cap ! $1.386B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.28 | $1.24 | $2.189M | 1.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 43631 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 29909 | 27 |
View Market Depth
| Last trade - 14.06pm 01/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |