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
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Last
$1.10 |
Change
-0.033(2.88%) |
Mkt cap ! $1.226B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.13 | $1.07 | $4.651M | 4.244M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 57293 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 37959 | 22 |
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| Last trade - 13.03pm 14/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |