I would assume that the interest would be net so would have to take into account what they are earning on the cash and environmental bond (which I would assume to be funds in escrow that should still earn the company a return but am not sure on this).
Having said that, I agree that this wouldn't explain the difference as they would have to be earning over 10% on the cash and environmental bond in order to earn the $30 per ounce difference, and this doesn't seem plausible at current market rates.
Hopefully all will be explained in the half yearly figures in January.
- Forums
- ASX - By Stock
- quarterlies
I would assume that the interest would be net so would have to...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NGF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online