CWK 0.00% 99.0¢ coalworks limited

Ann: Quarterly Cashflow Report June 2010 , page-2

  1. 1,155 Posts.
    well we have 8 mill left and looks like divestment of the other 2 assets might bring in around 4-5mill, we have Itochu spending 11mill on vickery and only burnt around 1.5mill this 1/4 on ferndale, so all in all we are safe from a cap raise this year imo and growth will take us forward by way of ferndale and vickery getting bigger not to mention oaklands feasibility... Imo no dilution for another 12mths at least with the amount of cash held and burn rate. I know i go on a bit about cash levels and dilution it is my way of investing!
 
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