RRP 0.00% 8.5¢ realm resources limited

Ann: Half Year Accounts, page-31

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  1. 293 Posts.
    lightbulb Created with Sketch. 5
    Here you again ramping, didn't you say it has to close gap at 4.1c when it came back.

    Debt:
    Performance guarantee and working capital facility
    Lender Taurus Mining finance fund
    Term 24 months
    Interest Rate 9%

    From last quarterly June 2017 owing $65 mill which needs to repaid in less than 12 months August 2018

    Cash = Performance guarantee leaves only a few million in the bank

    Purchases of new equipment $24.5 mill will put them in with $0 in bank

    Let's not forget they haven't been selling PCI anywhere near contract prices.

    Coking coal & PCI are headed down in price.

    Isn't looking good is it
 
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