Correcting my typo from yesterday - stated cash as at 2009 should have been 2019
Exchange rate now approx A$1 = US 0.58c so while we were sleeping (or watching the overnight markets) our cash balance in A$ added around another A$ 6M
Summary then - since 31/12/2019 when expressed in A$ the cash balance has grown from around A$143M to A$173M
Equates to increase of approx A 7.5c per share - us old buggers call that money for jam and forecasts are suggesting that this trend may continue
Jan to March quarterly results look like they are shaping up quite well
GXY Price at posting:
78.5¢ Sentiment: Hold Disclosure: Held
