MOY
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0.00% 5.1¢ millennium minerals limited

Hi Beardy,I think your starting point is where the error is. The...

  1. psyber
    404 Posts.
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    04/10/13
    14:46
    Post #: 12407905
    Hi Beardy,

    I think your starting point is where the error is. The 12m EBITDA is for half year. Cash.bullion at start of year is 6.7m. They then spent 9m repaying borrowings. 3m for interest and finance lease payments, 3m for e ploration, and you are left with around 4.5m

    Psyber
    MOY Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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