A picture of a load of containers full of concentrate heading to the port maybe.
I'm a bit mystified as to when the first payment will be received.
There was still a bit of cash in the bank at the end of December but with processing starting the cash burn will be pretty significant.
The cash flow graph shows cash coming as soon as processing starts. I imagine it will be a bit more lumpy than that.
If payment is on an FOB basis it might be a while. It seems there are enough rotatable containers to fill a ship so maybe payment only comes when there is a ship full ?
Does anyone know what the payment terms with Freepoint are?
HGO - Chart, page-107
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Last
8.2¢ |
Change
-0.002(2.38%) |
Mkt cap ! $171.6M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.2¢ | 8.0¢ | $438.5K | 5.395M |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 825696 | 8.1¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 8.2¢ | 148933 | 4 |
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Last
8.2¢ |
Change
-0.002 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| 8.3¢ | 8.3¢ | 8.0¢ | 1662882 | ||
| Last updated 15.13pm 24/05/2024 ? | |||||
| HGO (ASX) Chart |