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As I pointed out earlier in another thread, total cash burn is...

  1. xdfeng
    96 Posts.
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    04/07/22
    12:16
    Post #: 62355906
    As I pointed out earlier in another thread, total cash burn is not 60M but 75M

    Cash at end of last quarter: A$97.7M
    Cast at end of this quarter: A$35.8
    Add Gold produced: 13000oz @ A$2600/oz = $33.8M
    Deduct Buy in of LLL: A$20M
    Cash burn this quarter: $75.7M

    Tonnes mined: Between 500,000t to 1Mt

    Ridiculous.
    FFX Price at posting: 20.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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