AGY
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0.00% 3.8¢ argosy minerals limited

Ann: Quarterly Cashflow Report, page-2

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  1. kevin103
    17,037 Posts.
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    30/04/19
    16:32
    Post #: 38332757
    If you can do additions it goes something like this:

    Cash at end of 31st March = $0.515 million
    Cash raised post 31st March = $9.1million
    Total Cash on hand after 31st March = $9.615 million

    Now the interesting thing is below showing cash outflow of $1.6 million for the April to June Quarter.
    This leaves AGY with $8mil around 30th June.
    Current cash burn rate would last another 2 or 3 quarters before next CR ?

    https://hotcopper.com.au/data/attachments/1526/1526352-acad4f717664cfd58dc1ad2d2fd10a05.jpg
    https://hotcopper.com.au/data/attachments/1526/1526355-05a21030c2cd0716594968aa3bb3ac1c.jpg


    AGY Price at posting: 7.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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