BTV batavia mining limited
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I quick note about the 1st quarter cashflow report:I read it and...

  1. Yaqona
    3,666 Posts.
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    28/10/08
    11:40
    Post #: 4437368
    I quick note about the 1st quarter cashflow report:

    I read it and thought: "that isn't as much cash as I thought there would be", until I read the note about the fact that BTV's $14m is on term deposit, only payable on maturity." So there is the interest accrued but not yet paid that needs to be added back in.

    However, there is one line item that I am unsure of:

    767K 'payment for shares'. I wonder what shares these are? The answer to this may give a clue to BTV's proposed investment.

    Any ideas?
    BTV Price at posting: 7.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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