G1A 0.00% 5.9¢ galena mining limited

Ann: Positive Operating Cash Flows Achieved for September Quarter, page-7

  1. 178 Posts.
    lightbulb Created with Sketch. 33
    Yep, I will assume that the next quarterly will show roughly -$10m of net working capital. Overall they are probably ~$20m in the hole at this moment including a provision for the first debt repayment.

    If things progress well through the December quarter that ~$20m hole could potentially reduce to a ~$10m or ~$5m deficit - Not enough to starve off another ~$20m to ~$10m capital raise.
 
watchlist Created with Sketch. Add G1A (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.