Cash on hand $17m, forecast cash outlay next quarter $29m. Hopefully covered by sales revenue but timing may be an issue, in which case CR raises its head. Price headwinds due to increasing exports from Guinea and Indonesia. Report also identified preference by China for lower silica bauxite because of environmental policies forcing caustic soda prices up, which in turn that may translate into lower prices for higher silica bauxite. Enough for me to bail. But DYOR.
Cash on hand $17m, forecast cash outlay next quarter $29m....
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $222.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 2663076 | 5 |
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| Last trade - 16.14pm 01/05/2024 (20 minute delay) ? |
| MMI (ASX) Chart |
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