SKB,
As per last cash outflow statement, my understanding is:
1. $1.8M per quarter for staff and corporate costs (incl admin). That is $0.6M per month. We need to take 0.6M (at least) from the $48M,
2. $3M is projected to be spent this quarter (end at March) on exploration. That is $1M per month on average (though we don't know timing). We need $1M (at least) from the $48M.
3. Fluctuation is the currency: we don't know that yet.
So at the very least, we need to deduct $1.6M from $48M, giving us a running balance of $46.4M (approx).
Add the $50M raised, should give us a balance of $96.4M.
Based on carrying balance of $95M, the cost of the raise would be around $1.4M (96.4-95).
This equates to 2.8% of $50M raised (without accounting for fluctuation of currencies on operning balance).
- Forums
- ASX - By Stock
- The pot of gold at the end of Dorado
SKB, As per last cash outflow statement, my understanding is:1....
-
-
- There are more pages in this discussion • 729 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 CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $277.3M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.0¢ | $114.0K | 738.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 754956 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 2101629 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 501508 | 0.150 |
14 | 319989 | 0.145 |
5 | 2404292 | 0.140 |
4 | 462005 | 0.135 |
6 | 522022 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 2094963 | 11 |
0.160 | 374850 | 8 |
0.165 | 320500 | 5 |
0.170 | 1465930 | 14 |
0.175 | 362243 | 8 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |