I am not sure how to say this politely.
These funds are from the increase loan. Which mean there is a corresponding liability. It actually means we have debt that needs financing and increases our costs.
It is certainly not cash from some stellar month. Also, if we did have a good month there is a lag until we get the money. Have a look at Miningnut's cash flow spread sheet.
So, take home message - no rerate in share price. We might not even make 15,000 ounces.People do not know there have been problems with PMR from the start. They also do not know that there continue to be problems as management only tell the Innercircle like Fitzroy5 who has now gone quite as he is being exposed.
Come on Fitzroy5 - tell us what you know from your private conversations?
People do not know there have been problems with PMR from the...
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Last
$1.36 |
Change
-0.015(1.09%) |
Mkt cap ! $349.2M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.36 | $1.674M | 1.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 34526 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 468 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |