While the improvement in Net Current Assets was $20m for Q1 I suspect the cash generated from operations was being closer to $14m. This is roughly what you get when you take the quarterly cost calculation and strip out the non cash charges and multiply by 5k tonnes. The other $6m is further build up of ROM stockpile of $3m and part of the non current inventory (ie due to be processed Jan 2020 - Mar 2020) getting reclassified as current about $3m.
On that basis for Q2 I would start at $14m add back one months mining cost ($5m) take out the dividend ($9m) less something for redundancies, exploration etc ($3m?) so get about $7m which would be mainly spent paying out the payables owed to the mining suppliers.
- Forums
- ASX - By Stock
- Cash Flow For Q2
While the improvement in Net Current Assets was $20m for Q1 I...
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
|
|||||
Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $106.8M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.0¢ | $166.9K | 3.269M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1006410 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 66577 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1006410 | 0.050 |
3 | 130825 | 0.049 |
2 | 80000 | 0.048 |
3 | 74150 | 0.047 |
2 | 31738 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 66577 | 3 |
0.052 | 31581 | 1 |
0.053 | 924026 | 6 |
0.054 | 962730 | 1 |
0.055 | 1649059 | 2 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |