I extracted some info from 2011 annual report,
1. Convertible note $25m - maturing in Oct 2012
2. Creditors - $18m
3. Other payable - contingent consideration (SAC) performance share - $22m (currently will be only $5m as sp from $1.825 to $0.39)- this should be non-cash item
4. KSC working capital - Standard Chartered Bank US$10m - $10m
(as AUD falling, it creases slightly)
5. Loan from shareholders – Bayan Resource - $40m
6. Loan from shareholders – Black River - $9m
These two shareholders loans are clarified as non-current liabilities, terms not disclosed.
Total future cash outflows (1+2+4+5+6)= $102m
Cash on hand as announced on 29 Nov 2011 - $160m
- Sep quarterly report showing cash at the end of quarter is $167.5m, spent $7.5m within two months.
- Moderate high cash burn rate, 2011 operating cash outflow is $37.7m
- Five months cash outflows (Jul - Nov 2011) - $22.5m,
annualized cash outflows is around $54m!!
Current net cash position is $58m - 19c per share.
- Forums
- ASX - By Stock
- why unloved
I extracted some info from 2011 annual report,1. Convertible...
-
- There are more pages in this discussion • 11 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 WEC (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.0¢ |
Change
0.002(7.14%) |
Mkt cap ! $5.969M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 3.0¢ | $60 | 2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 298000 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 1740 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 298000 | 0.030 |
1 | 35710 | 0.028 |
1 | 1000000 | 0.002 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 1740 | 1 |
0.049 | 51460 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 12.21pm 16/08/2024 (20 minute delay) ? |
Featured News
WEC (ASX) Chart |