I agree 100% with kojak.
The only thing misleading is someone who ignores produced results & factual figures to justify their own downramping. Sure the market is holding this down right now but not for much longer.
Q3, net cashflow = U$14.2M FACT
Q4 net cashflow = U$7.8M FACT
Q1 net cashflow = U$7.3M FACT
Q1 30 Sept cash/bullion at bank = A$14.6M FACT
Current secured debt = U$8.19M FACT (going to U$4.19M by 1 Jan) FACT
TRY net cash/bullion over secured debt = U$2.2M as at 30 Sept = FACT
U$4M of inventory at the refinery due for payment last few weeks = FACT
They have the cash and bullion right now to pay off the whole secured debt.
The FCF is building at A$55M pa my estimates based on the above prior 9 months of net cashflows
This exceeds the current market cap of A$45M = FACT
10 months free cashflow is the same as the total current market cap = FACT
TRY is substantially undervalued = FACT
Stick to the FACTS and then its not misleading.
TRY WILL FLY = ramping conjecture based on FACT!
- Forums
- ASX - By Stock
- The Cashflow Bullet
I agree 100% with kojak. The only thing misleading is someone...
-
- There are more pages in this discussion • 52 more messages 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 TRY (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