Agreed - the 5B shows they seem to be managing cash quite well - clearly there are some lumpy items in there such as one-off plant & equipment as well as some perhaps unforeseen ramp up related costs but this is all manageable stuff Bear in mind there will almost certainly be some expenditure included in here relating to Saloro yet to be rcovered from, or combined with, the books of Saloro Once the Oaktree deal is finalised, we should hopefully see these finances aggregating in future reports - likewise with joint resource statements.
To me, this is looking ok, and Dec Qtr almost certain to be a further improvement on this
Whats in the pipeline ? Oaktree finalisation Joint resource statement Critical minerals grant ? - not sure what is likely to happen here but I know they really like the project/company/management - and they are a producer
EQR Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
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