My reading of the financial situation is that, failing further floods or fires, March will already be quite strongly cashflow positive, and lift Q3 well above break-even. Following that, Q4 should comfortably set a new quarterly production record for the mill and be strongly cashflow positive.
The company should be in a position to increase the rate of debt repayments in FY25, if they wish.
All IMO.
Ann: Maiden Reserve at Bulletin to drive step-change, page-20
Add CAI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.75M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $33.12K | 275.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 164452 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1315527 | 18 |
View Market Depth
| Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
|
|||||
|
Last
12.0¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 12.0¢ | 110000 | ||
| Last updated 12.43pm 10/06/2024 ? | |||||
| CAI (ASX) Chart |