The following is an adjustment to a post I have made earlier on NXS's cash position for the September Quarter incorporating adjustments for Longtom sale, capital raising and Bank Repayments:
Nexus
Projected Cash Position
..............................A$M..........A$M
Cash on Hand 30/06/09.....................53.3
Add: Source of Funds:
Longtom Finance Facility......160.0
Drawn Down....................114.0
Balance Available.........................46.0
Sale of 50% Longtom:
Sale Price....................155.0
Less Proceeds Received.........35.0
Balance to be Received....................n/a
Capital Raising............................74.0
Total Funds Available.....................173.3
Less Funds Required:
Complete Longtom................63.0
Sept Qtr Exploration.............1.4
Retirement of Project Debt......???
Deposit Refund...................35.0
Interest on deposit...............2.0
Total Committed Funds......................101.4
Sub-total...................................71.9
Adjusted Bank Terms...........................?
Uncommitted Funds..............................?
Refer to NEX's 1/09/09 Announcement. There are adjusted terms but no quantity given. Hence Uncommitted Funds available equal $71.9M less any reduction in BOSI project loan from $160M, if any.
Regards
SP
nxs cash flow
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $84.59M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.5¢ | 27.5¢ | $34.26K | 119.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33374 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 1573 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |