Top member reports
Company Report
Last edited 3 years ago
PerformanceCommunity EngagementCommunity Endorsement
Performance (43m)
-31.5% pa
Followed by
2
Straws
Sort by:
Recent
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
#Quarterly Reports
stale
Added 3 years ago
  1. Negative cash flow, all operating income was spent on CAPEX.
  2. Guidance wasn't changed since last FY results.
  3. Company doesn't expect to pay taxes for FY2023.
  4. 300 mil debt maturing FY2024


The conclusion. Company will continue to be unprofitable this FY in current market conditions (Gold price, AUD/USD ratio). Debt is manageable, future prospects unclear.

I do not see any reason even to hold position, rivals looks better.