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Yes. Losing 5.3m per month and that's with them selling 347T at...

  1. SentryBox77
    1,271 Posts.
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    19/10/23
    12:09
    Post #: 70425324
    Yes. Losing 5.3m per month and that's with them selling 347T at USD24.5k/t thanks to some good hedging from the previous qtr. USD18.5k/t now with no further hedges to prop up the numbers.

    Cash in bank of 42.6m with drawn down debt sitting at US$37.6m (circa 60m AUD).

    These guys look to be in strife, makes me laugh that people are buying it off the back of this.
    PAN Price at posting: 3.9¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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