Gold price, page-13493

As usual you need to be pulled up on a few things Col.
1) Only a bozo ( not suggesting you are a bozo) can’t work out actual debt. If you refer to the last interim report it’s easy to identify the debt components which make up the 54m in debt. They are Santander 26m, Maca $10m and other bank facilities $18m.
During the September quarter debt increased by US$1.5m AFTER making an additional payment of US$2.5m
Therefore, heading into the December quarter net debt was $56m. Not a brain twister by any stretch.

2) The September Quarterly says they drew down $4.om to help pay the debt, you say $4.2m.

I’ve read the reports too and have previously raised concerns about a few issues including the re-classification of a large portion of the VAT to the long term assets account.
But in the meantime I’m still digesting your 124o gold prediction not so long ago.