Cash + Bullion + Receivables = A$7.75m as of 30 Sep 2016.
While this nearly covers the A$9.20m debt owed to Australian lenders Michael Andrews and Bill Phillips, you also have to take into account the net liabilities of the 85%-owned Indonesian subsidiary PTNM.
Note 20 of the 2016 Annual Report shows that, as of 30 Jun 2016, PTNM had Current Assets of A$12.11m and Current Liabilities of A$65.28m.
I guess this is where the trouble is coming from, which would explain why PTNM have applied for "Suspension of Debt Payment Obligations" in Indonesia.
IMHO+DYOR
Cash + Bullion + Receivables = A$7.75m as of 30 Sep 2016. While...
-
- There are more pages in this discussion • 18 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 KRM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $26.37M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.4¢ | $16.08K | 472.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 144683 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 157003 | 2 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| KRM (ASX) Chart |
