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Ann: Tomingley FY2024 Production Update, page-10

  1. 11,828 Posts.
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    So... we ended March with $41.1m in liquidity. We can minus the $6m of Calidus. Down to $35.1m.

    https://hotcopper.com.au/data/attachments/6287/6287757-c0f6b5018eb1dd39c037904bd64aca88.jpg
    https://hotcopper.com.au/data/attachments/6287/6287764-e2ec03b0b9efa22096a3406a7e53af3c.jpg

    We had zero debt, but now debt facility is drawn to $42.8m. With $17.2m still available to be drawn.

    Revenue of approx. $55m including the hedges.

    https://hotcopper.com.au/data/attachments/6287/6287781-52f1d9b5d55daffc17aa62b904dd6b32.jpg

    So basically they have $54.5m in cash/bullion, $43, in debt, ($17m still undrawn).
    Liquidity at the start of the quarter was $100m (minus the $6m, $94m).
    Liquidity now $71.5m. Net reduction of either $28.5m or $22.5m without the calidus loss.

    Which seems about right in the growth/expansion costs are similar to the March Quarter and they generated perhaps $10m free cash flow.

    If Roswell performs as hoped, then... we might even see a cash build in the near term, as a lot of the $132m to be spent won't occur until late in CY24.

    It will be interesting to see what the market thinks.
 
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