Cardz
These are some numbers I worked through not so long ago and posted on here.
Latest quarterly notes $404 million cash on hand less $263 million drawn debt facility.
910 million shares on issue.
Equates to 15.5 cents a share cash on hand.
Operational cash surplus $71 Million net for the quarter equates to 8 cents a share.
Deduct cash on hand from share price equates to 80.5 cents a share.
In simple terms with all things being equal going forward and no acquisitions etc in another 10 quarters (2.5 years) the share owes you nothing (ignore time value of money)
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- atlas iron announces production march 2013
atlas iron announces production march 2013, page-7
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