A40 0.00% 8.2¢ alliance mineral assets limited

Ann: Quarterly Cashflow Report - December 2018, page-99

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  1. 210 Posts.
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    Luan Boo, reread the reports again, indeed we should have more cash than is reported. If Mark Turner can continue this great work since he started his appointment as COO, he deserves his renumeration.

    One very important thing I noticed is that the management does not "market the company extensively", which to me is a bad thing in this competitive world.

    For example, we know that from several calculations, that the plant has a current run rate of about 14% above nameplate capacity of (155ktpa), reaching above 180ktpa (actual production), yet the company does not put it out in the announcement. The company could have put out a statement saying plant is running above nameplate of 155ktpa. It means a lot instead of having investors trying to do calculations to get the production rate.

    The part on cash flow is also misleading. The company could have made it clearer that it was from Tawana only. Market probably panicked on need for CR.

    AIMO.
 
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