Ann: Half Year Accounts, page-6

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JetBlue

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14/03/19

11:00

Post #: 37758195
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Originally posted by rur ↑

Thanks Chief,

Why didn't you highlight the other part;
How are these initiatives proceeding??Suppose its just easier to issue more shares..

'The directors have assessed the current cash balances available to the entity, along with the operating and capital expenditure plans and expected obligations over the next 12 months. They are mindful of their obligations to ensure that there is adequate working capital available for operations and in this regard the following initiatives are being planned to improve group income: 1. The Company will be tendering for the management of the PASS material in the Melbourne Metro Rail Project Tunnels and the West Gate Tunnel; 2. The Company maintains stockpiles of gravel and rock products from the East Overburden Dump and is tendering for all contracts within reasonable trucking distance; 3. The Company is establishing a dry screening operation on the Heap Leach Pad to produce rock aggregates and rock sand for concrete manufacturers; and 4. The Company is planning to establish a sand and quartz aggregates operation at the western end of the West Pit to supply to concrete manufacturers."

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Yep all of that's part of the HYR.

The whole document is relevant, that's why info is in it, so if you want to draw attention to that part, that's fine with me.

NAG Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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Ann: Half Year Accounts, page-6

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