net debt increased
revenue up, basically same as COGS
Its always repaying the overdraft
wrote Telfer up in value and Lihir
A lot of costs capitalised, lifting Net assets on paper which then reduces gearing
Cashflow increased with monster drop in sustaining capital
Nice little reduction in Admin expenses
Interesting as they now have the cash available to build out Telfer so higher balances going forward expected
Bound to be some real debate on the retranslation and revaluation of assets,,,look at the value of Lihir and its profit, seems insaneimo, bit of smoke and mirrors to me
Cashflow from financing activities wow,
no return
Good luck
- Forums
- ASX - By Stock
- NCM
- Looks good to me !
Looks good to me !, page-3
-
- There are more pages in this discussion • 164 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)