Focus on the business HoM, not the background noise. 2014/15 cash burn was aprox. $52.6 mil. Cash receipts were about $22.8 mil plus just over $6 mil in unsold gold.
We haven't has a normal production year yet so it's difficult to judge this year. At a guess, based on July figures, cash burn could be around $60 mil. Production is on the upside for July so 60,000 oz is my forecast. Based on present gold price this gives A$94 mil cash receipts. Surplus cash of $34 mil.
This is what investors want to focus on, not conspiracy theories about past events.
The above figures are my own forecasts on the future of Siana mine and should not be used for investment purposes.
Focus on the business HoM, not the background noise. 2014/15...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.516B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4529 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 33135 | 1 |
View Market Depth
| Last trade - 09.56am 27/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |
Day chart unavailable