FML 12.5% 13.5¢ focus minerals ltd

Sharpshooter,I was looking at qtrlys of IGR and SLR, net...

  1. 474 Posts.
    Sharpshooter,

    I was looking at qtrlys of IGR and SLR,
    net operating cashflow sep qtr
    IGR: 4.9m (458m mcap)
    SLR: 3m (657m)

    net investing cashflow is negative for both I think.

    which is not very impressive if one see in reference to thier mcaps.

    My query,
    A company can declare +ve NPAT but still be cashflow negative,
    Net operating cashflow can include carried forward spent(which I assume is the case with FML).

    Just wondering how do you evaluate a gold producers(ie those with high cash cost 700+) for investments?


    PS: SLR is currently doing a cr by the way. I guess CR is the recurring truth of mining companies which investor have to get used to



 
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