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Sylvestor I hope so as I am accumulating we have a starting...

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    17/06/22
    19:22
    Post #: 62064857
    Sylvestor
    I hope so as I am accumulating
    we have a starting position of close to 50m net cash end of June / early July depending on last shipment timing followed by two quarters of circa 22m cash flow , with inventory of 40k worth net 32m ( net margin 800) takes us to 94m plus inventory
    we have atlas final numbers and Biddimina BFS

    I have done calcs and I get 70m post Atlas move . Then we have a couple of months of production and inventory build up until first sales so I think lowest net cash will get too is 45-50m
    IMA Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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