Nexus
The following is my assessment of Nexus's Cash Position and Funds available for the September Quarter:
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....................120.0
Total Funds Available.....................219.3
Less Funds Required:
Complete Longtom................63.0
Sept Qtr Exploration.............1.4
Retirement of Project Debt......80.0
Total Committed Funds......................144.4
Uncommitted Funds...........................74.9
Funds for Administration need to be paid out of these uncommitted funds. A$5.3M was paid out for administration in the June quarter.
Comments are welcome on the above calculation.
Regards
SP
Nexus The following is my assessment of Nexus's Cash Position...
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $59.79M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $3.286K | 16.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12061 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 10772 | 4 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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