B2Y 0.00% 2.9¢ bounty mining limited

The September quarter cash-flow statement gives the clue.  Cash...

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    The September quarter cash-flow statement gives the clue.  Cash at end of period = $3.16 million(m).  Sales in that period were about $30m.


    Expected production expenses in the December quarter are $37m.  So, despite expected increase in production, if sales do not exceed $34m for the quarter, then cash = oh dear.

    Last edited by PhilMiner: 18/12/18
 
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