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You need to deduct tax due from September which could be up to...

  1. edshann
    2,317 Posts.
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    31/01/22
    09:40
    Post #: 59232050
    You need to deduct tax due from September which could be up to $10 million and payable after end 2021. There is also the $24 million to be paid for the exploration areas this quarter, plus whatever dividend is declared. Of course the cash is still rolling in, but the outgoings are high as well as they will need to spend on moving plant to Atlas and exploration on top of the above.
    Last edited by edshann: 31/01/22
    IMA Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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