OZL 0.00% $26.44 oz minerals limited

spoke to company - century cash flow positive, page-24

  1. 644 Posts.
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    Guys, I got burned here as well, bought at a little below $3. However, regarding the closure of Century, read again a post from Nursery: This is from accounting point of view, and pay attention on the last sentence.

    A business can be cash flow positive yet be running below the real cost of production. The total costs will include items like depreciation which are a cost against the product but are not involved currently in cash flow. This factor alone allows many businesses to continue to operate even at a loss. The loss becomes greater when they cease to operate.
 
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Currently unlisted public company.

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