Now they are a producer they don't need to provide a cash flow report. For the sake of transparency I wish they did!
Debt finance has not been solved, only revealing Standard Bank and Rand Merchant Bank has been mandated to range finance. Personally I would have liked to have seen a more globally aligned Merchant Bank coming on board.
Cash burn almost even so big tick on that one.
Realised price $2.62/lb, so one would be expecting improvement in the coming quarter, which will flow into profit.
I have a feeling this will be a sell the news shake out.
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