PEM
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0.00% 35.0¢ perilya limited

Sad for the 17 workers but that alone will not safe the company....

  1. HTG1971
    123 Posts.
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    04/05/13
    05:59
    Post #: 11721697
    Sad for the 17 workers but that alone will not safe the company. How is the development of Potosi affected? They sepnt 33 Mio AUD in the last 3 quaters!

    A few quaters ago management still was talking about acquisitions and now we have the opposite situation. In the last 5 quaters the debts increased by 55Mio AUD (or the cash level was reduced)
    Cash Q1/2012 ~47, debts ~116
    Cash Q1/2013 ~23, debts ~147

    I really wonder how much cash will be left after Q2/2013
    PEM Price at posting: 13.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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