You should learn our operations before using solvency words. According to miningnuts we will be minus $10m by August but management can push creditors payment and delay paying employees by weeks or months to stay positive or get some more from our preference share if necessary.
Our plant 1 is running now, maybe on and off as we are in recommissioning phase but it is producing gold from our backyard. Revenue is going up so time gap will get filled and we will be cash flow positive.
TAFTA settlement will get pushed farther short term as cabinet mentioned it is yet to finalised and we don’t know is there any cash compo in it.
So don’t use rubbish word.
General discussion, page-4993
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Last
$1.58 |
Change
0.025(1.61%) |
Mkt cap ! $407.2M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.59 | $1.55 | $419.0K | 268.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2200 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 5871 | 3 |
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| KCN (ASX) Chart |