Really,
The company received a boost of $50 mil equity placement from Ganfeng Lithium end of March 19. As far as I can tell that US $100 mil senior debt bond facility has all been used up, ie AUD:USD foreign exchange rate which is reflected in the cashflow report as $141 mil. The coupon rate is 12% pa with interest payable quarterly in arrears.
So it seems to me that YES cashflow is an issue and skeptical before get in if a potential CR is on the cards.
The sell product isn't covering the cash outlays from what I can tell too.
Really,The company received a boost of $50 mil equity placement...
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Last
$3.05 |
Change
0.050(1.67%) |
Mkt cap ! $9.179B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.03 | $45.56M | 14.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 262357 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 102070 | 12 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |