so ive been scratching my head at this one for a little bit, and hoping its either brain fog or otherwise someone smarter than me can show me where im being stupid.
How does Regis claim $150M operating cash for the quarter? They produced 94.5koz at $2495/oz for expenses of $235M, against revenue/sales of $296M.
I know AISC is a bit funky and every company does it differently and chiefly Regis shouldn't be including non-cash charges imo).
But $150M against $61M is a bit of a discrepancy.
Understand how they classify capex is likely the culprit here, but its certainly a bit rich if they are stripping out sustaining capital to arrive at a 'operational cashflow of $150M' headline figure.
RRL Price at posting:
$2.66 Sentiment: Buy Disclosure: Held
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