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.
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Greets from Switzerland,What I dont understand is where the...
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