G1A 0.00% 5.9¢ galena mining limited

No Beuno... another negative cash Qtr even with a debt interest...

  1. 2ic
    5,941 Posts.
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    No Beuno... another negative cash Qtr even with a debt interest and repayment holiday. Catch up Qtr in the mill, which avergaes 13.5kt Pb in con over the last two Qtrs, same as the average Pb in con from the first 2 Qtrs of FY24. More breakdowns production issues mean Sep Qtr will be below avg concentrate production again... wash, rinse, repeat...

    Backwards ~$50M last 12 months... Abra shareholders are certainly not seeing any return, and it's on a knife edge whether or not it is worth continuing on a debt written off cash only basis?

    No point wishing holders good luck, put a fork in this one imo...

    https://hotcopper.com.au/data/attachments/6348/6348824-fdbf8c2e2b363a3994372c8a81ef2c22.jpg

    https://hotcopper.com.au/data/attachments/6348/6348821-1c6b3abf3fb8c19358b75fd6607ee5e1.jpg
 
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