Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-14

First 14 Last

Share
Profile

Follow
gopherbroke

1,087 Posts.

191

01/08/24

21:03

Post #: 75034653
Share

Originally posted by Rob1000: ↑

I have only had a very quick look. But it's clear why the cheer squad has not been posting.

O gtc61 There is not an accounting standard that could show Salaro at break even and with Capex spending flagged for the next quarter it is going to burn through more cash.

Yes I said that fuel would be up. But mining was down 25% so diesel was down. Not rocket science. So your one off cost re diesel used by the pumps was wrong as i said.

With mining down, production was down and it just takes longer to get to down to the good stuff.

Looking forward, is the drop in strip ratio at both mines going to continue???

Cash at bank on 30 June was just $3.5 million. They've burnt through $10 million in 3 months and they must be back to vapors now. This explains why they have not drawn down on the QIC loan. Like the mining being down the delays in the plant expansion just kick profitability down the road.

Guessing they need another $10 million and Masan is going to be be the next one to get a sweet deal.

That's before they need any cash to buy the next mine.

On a positive, like they are reporting in wo3 and looks like they have included more detail.

As for G6M yes ramp up continuing and costs well down. But it is meaningless until we see the July production numbers with the len 6 high grade ore hitting the plant and then there cap raise strategy.

Expand

Ask G6M Mgt if Tomra's will work and if they have any planned for delivery/installation - there will be your answer. And while your at it, where will they get their funds to buy one - at $1m - $1.5M a pop that makes them a credit risk based on their Qtrly

EQR Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

MKT

The ASX can overlook its Telecomm smallcaps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

There are more pages in this discussion • 77 more messages in this thread...

First 14 Last

Add EQR (ASX) to my watchlist

(20min delay)
Last 5.6¢		Change -0.001(1.75%)		Mkt cap ! $125.2M

Open	High	Low	Value	Volume
5.6¢	5.6¢	5.6¢	$7.62K	136.0K

Buyers (Bids)

No.	Vol.	Price($)
1	38438	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	143537	3

View Market Depth

No.	Vol.	Price($)
1	38438	0.055
1	150000	0.054
4	438461	0.052
2	220000	0.049
3	476000	0.048

Price($)	Vol.	No.
0.057	143537	3
0.058	430000	3
0.059	954694	4
0.060	460000	4
0.064	750000	1

Last trade - 10.36am 11/10/2024 (20 minute delay)

EQR (ASX) Chart

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-14

NRW Holdings inks $109M deal with BHP for works at Jimblebar

The ASX can overlook its Telecomm smallcaps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-14

Top Stories

NRW Holdings inks $109M deal with BHP for works at Jimblebar

The ASX can overlook its Telecomm smallcaps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News