CSS clean seas seafood limited

Predictions of upcoming Dec16QTR cashflow

  1. 68 Posts.
    There should be the Dec16 qtr cashflow being released by 31/01/17.

    I'm forecasting a negative cashflow from operations/ CAPEX of -$3.0m for the qtr (ie ignoring the capital raising of $9.0m). The Dec qtr is historically the worse for cashflow given the spend on feed / strong growth period of stock during spring/summer.

    Full year FY17 cashflow from operations/CAPEX I'm forecasting a negative cashflow of -$4.0m on sales of 2,700 tonnes.

    I don't we will reach full year positive cashflow until we are selling 3,300+tonnes per year which is still probably 18mths away to hit this run rate.
 
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