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54.0¢ gascoyne resources limited

Turnaround story, page-23

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bobby.

82 Posts.

5

03/02/19

03:33

Post #: 37312220

Originally posted by tjsol: ↑
Some numbers I have taken from the quarterly reports.. DYOR on the numbers..

Compare Quartly Sep-18 Dec-18 Difference Mar-19
1 $ $
2 Reciepts $14,263,000.00 $27,419,000.00 $13,156,000.00
3 Production $11,392,000.00 $23,355,000.00 $11,963,000.00 $33,000,000.00
4 Staff cost $560,000.00 $1,300,000.00 $740,000.00 $600,000.00
5 Admin cost $540,000.00 $497,000.00 -$43,000.00 $500,000.00
6 Interest $54,000.00 $111,000.00 $57,000.00
7 Finance paid $839,000.00 $851,000.00 $12,000.00
8 Other $1,000,000.00 $220,000.00 -$780,000.00 $2,500,000.00
9 Property, plant, equipment $1,000,000.00 $1,060,000.00 $60,000.00
10 Exploration cost $1,760,000.00 $194,000.00 -$1,566,000.00
11 Mine under development cost $28,054,000.00 $5,584,000.00 -$22,470,000.00 $6,600,000.00
12 Revenue from inventories $423,900.00 $0.00 -$423,900.00
13 Proceeds from issue of shares $19,227,000.00 $4,957,000.00 -$14,270,000.00
14 Transaction cost issue of shares $1,208,000.00 $244,000.00 -$964,000.00
15 Proceeds from borrowing $352,000.00 $0.00 -$352,000.00
16 Repayment of borrowing $558,000.00 $2,201,000.00 $1,643,000.00
17 Cash $18,304,000.00 $15,730,000.00 -$2,574,000.00
18 Loan $72,463,000.00 $70,124,000.00 -$2,339,000.00

The mine under development cost are killing this company from being cashflow positive.. I think after next quarter this should significantly reduce allowing more cashflow.

I also think that the loan they received from NRW will be used to pay off our original loan of 70m as it stands or a CR will be used..

Time will tell DYOR.. still another quarter or two away before we have a turn around.
Expand

Originally posted by tjsol: ↑
Some numbers I have taken from the quarterly reports.. DYOR on the numbers..

Compare Quartly Sep-18 Dec-18 Difference Mar-19
1 $ $
2 Reciepts $14,263,000.00 $27,419,000.00 $13,156,000.00
3 Production $11,392,000.00 $23,355,000.00 $11,963,000.00 $33,000,000.00
4 Staff cost $560,000.00 $1,300,000.00 $740,000.00 $600,000.00
5 Admin cost $540,000.00 $497,000.00 -$43,000.00 $500,000.00
6 Interest $54,000.00 $111,000.00 $57,000.00
7 Finance paid $839,000.00 $851,000.00 $12,000.00
8 Other $1,000,000.00 $220,000.00 -$780,000.00 $2,500,000.00
9 Property, plant, equipment $1,000,000.00 $1,060,000.00 $60,000.00
10 Exploration cost $1,760,000.00 $194,000.00 -$1,566,000.00
11 Mine under development cost $28,054,000.00 $5,584,000.00 -$22,470,000.00 $6,600,000.00
12 Revenue from inventories $423,900.00 $0.00 -$423,900.00
13 Proceeds from issue of shares $19,227,000.00 $4,957,000.00 -$14,270,000.00
14 Transaction cost issue of shares $1,208,000.00 $244,000.00 -$964,000.00
15 Proceeds from borrowing $352,000.00 $0.00 -$352,000.00
16 Repayment of borrowing $558,000.00 $2,201,000.00 $1,643,000.00
17 Cash $18,304,000.00 $15,730,000.00 -$2,574,000.00
18 Loan $72,463,000.00 $70,124,000.00 -$2,339,000.00

The mine under development cost are killing this company from being cashflow positive.. I think after next quarter this should significantly reduce allowing more cashflow.

I also think that the loan they received from NRW will be used to pay off our original loan of 70m as it stands or a CR will be used..

Time will tell DYOR.. still another quarter or two away before we have a turn around.
Expand
and if the gold price goes up in the meantime that will help ?

please note this is a question, as i am unsure of future gold production sale arrangements

cheers bobby

GCY Price at posting: 11.5¢ Sentiment: None Disclosure: Held

0 Great analysis

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