VRX 0.00% 3.0¢ vrx silica limited

Ann: Trading Halt, page-56

  1. 4,338 Posts.
    lightbulb Created with Sketch. 1246
    The worst part of this cr is, how far will the cash take us.
    We haven't seen the march qtr spend but I would guess its quite high.
    You can't just say that we have say 3 quarters of cash left because when analysing a company, they should never go below 6 months of cash in the bank. It's needed for safety reasons and for the unexpected, like various delays re transport etc.
    So the March qtr cash flow statement will be interesting.especially the travel cost if they separate it.
 
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