"FYI the September financial report shows loans and borrowings at $609M, and unearned income $200M (prepayment - in other words they have to supply $200M of uranium to cover this prepayment).
The sale would bring the debt down to $419M. They still have to $200M prepayment to pay back with uranium sales."
No it wouldn't bring debt down. Unearned income of $200m is cash already received...they just haven't delivered the product yet and therefore can't recognise it as sales revenue so it stays on the balance sheet as a liability.
motley value mine at $1,08 per share, page-19
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Last
$8.41 |
Change
0.080(0.96%) |
Mkt cap ! $2.496B | |||
| Open | High | Low | Value | Volume |
| $8.19 | $8.42 | $8.15 | $3.146M | 378.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 3853 | $8.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.42 | 5295 | 7 |
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| Last trade - 10.55am 09/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |