GCY 1.82% 54.0¢ gascoyne resources limited

A Bad Joke, page-10

  1. 93 Posts.
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    I estimate that if they hit production and cost targets as per equity raising preso, absent material working capital movements, they should be roughly cash breakeven in the Sep Q and slightly positive in the Dec Q.

    ~$5m extra could provide significant buffer and avert a further CR.

    But agree no sense in following rights if you can buy cheaper in the market, which you can currently.
 
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Currently unlisted public company.

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