HMM can anyone spot the red flag?????The strong start to FY24...

HMM can anyone spot the red flag?????

The strong start to FY24 continued to enhance Silver Lake’s strong organically generated balance sheet with underlying free cash flow generation for the quarter of $13.3 million. The cashflow generation demonstrates the benefits of the diverse portfolio with strong cash generation at the established Western Australian operations as activities pivoted to exploration and investment for future growth at Sugar Zone. Cash and bullion at quarter end was $369.8 million (excluding $21.9 million of gold in circuit and concentrate on hand, at net realisable value). During the quarter Silver Lake implemented a short termcash facility of $130 million offset against a Silver Lake bank term deposit of $250 million, which was fully drawn at 30 September and was closed out in mid-October. At 30 September, Silver Lake held listed equity investments of $117.8 million, for a cash, bullion and liquid investment position of $487.7 million, with debt of $130 million for a net cash, bullion and liquid investments position of $357.7 million (30 June: $345.1 million). As at 25 October the value of Silver Lake’s listed equity investments had increased $11.2million to $129.1 million, which included the acquisition of a further 7.6 million shares in Red 5 for consideration of $2.0 million post quarter end. Mount Monger