From the quarterly concerning Cosmos -
"Total expenditure for wind-down and operating activities in 4Q24 is forecast to be approximately $40M -$60M. This expenditure is expected to be partly offset by revenue generated from approximately 2,000t payable nickel metal sales during the coming quarter."
Could Cosmos be cashflow neutral or even positive for the quarter? By my calcs IGO should be looking at >200m FCF this quarter given better commodity prices and sale of the greenbushes stockpile.
Some challenges ahead with mine closures in the next few years, but with the balance sheet finally growing there's plenty of time for accretive acquisitions.
- Forums
- ASX - By Stock
- IGO
- Ann: March 2024 Quarter Results Presentation
Ann: March 2024 Quarter Results Presentation, page-30
-
- There are more pages in this discussion • 3 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 IGO (ASX) to my watchlist
|
|||||
Last
$5.31 |
Change
0.040(0.76%) |
Mkt cap ! $4.021B |
Open | High | Low | Value | Volume |
$5.26 | $5.39 | $5.26 | $10.00M | 1.881M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 17916 | $5.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.33 | 15386 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 17916 | 5.310 |
4 | 2372 | 5.300 |
2 | 3746 | 5.290 |
4 | 6943 | 5.280 |
4 | 48793 | 5.270 |
Price($) | Vol. | No. |
---|---|---|
5.330 | 15386 | 1 |
5.340 | 65103 | 7 |
5.350 | 27863 | 6 |
5.360 | 9909 | 1 |
5.370 | 1700 | 2 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
IGO (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online