GCY 1.82% 54.0¢ gascoyne resources limited

I think people who are invested in this have done there own...

  1. 1,147 Posts.
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    I think people who are invested in this have done there own cashflow estimates and research about the company. 


    With the current SP being so low, people are in doubt that the company will succeed. 


    I have done my numbers (based on estimates from announcements) and think GCY  will be in about 2-3m loss this quarter. This is assuming that there outflows are in-line with there estimates from the quarterly and readjustments for production numbers with the estimated gold production. 


    Start of the quarter the company had about 25m + in cash. 


    Looking forward to seeing some updated and next quarterly report. This will really show how the company is tracking. 


    Good luck - If things are turning this should go back to the 20c range.. 

 
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Currently unlisted public company.

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