Greets from Switzerland, What I dont understand is where the circa 16MilA$ cash balance & the circa 8.milA$ in receivables that was reported on end of year balance sheet has gone? The Royalty payment is 1.00$A up to 15mil$A & only paid as the coal is mined. Its clear that the administration costs have been a massive burden , but I guess even though I read the annual report & notes I have missed something! Cashflow positive is what this company has been stating! Any feedback I would appreciate.
Best, Swiss Gnome.
CCC Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
