9. Estimated cash outflows for next quarter
this is what the Company forecasts they will spend in the next quarter. This is taken from the newly released quarterly.
Can you estimate their sales for the next quarter?
Company states:
Current gold forward sales contracts of 26,189oz @ A$1,742/oz over the next 8 months
Therefore you could estimate income to be approximately $17,000,000 for next quarter.
Hope this helps you
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- Ann: Quarterly Activities & Cashflow Report June'18
Ann: Quarterly Activities & Cashflow Report June'18, page-25
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