I believe CAPEX for NP UG will kick on now (-20M in mining nut numbers), so kinda expected...
I revisited the NP UG... CAPEX is 891M, with 500M going pre-production (GRR has already ~300M in cash - they need to generate circa 200M over the next 3-4 years to fund kick off NG UP - it appears under control. After the 500M, the NP UG itself should fund its CAPEX... and then is happy days... I think we are relatively fine.
On another note, GRR still had 167M in ore ore/pellet stock - it is not cash, but they could easily sell this to make cash.
Quarterly predictions, page-1027
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.0¢ | $668.5K | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111945 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 37336 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |