Based on the information provided Trade Creditors would be down to $30m as at 30 September which is about 100 days. Borrowings would be $2.5m. There would also be an amount still owed to employees. If the December quarter repeated September then creditors would be at $20m and roughly 60 day terms with the borrowings repaid.
The PHES value is a real unknown. One of the institutional investors (who interestingly just sold out) suggested that it might be worth a net $50m to HGO. They could do the underground mining first. I am guessing that one of the attractions to pumped hydro investors is how quickly they could be up and running using what is already there so any delay would reduce that advantage.
Based on the information provided Trade Creditors would be down...
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.4¢ | $75.96K | 1.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1472431 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 793830 | 1 |
View Market Depth
| Last trade - 14.00pm 29/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
