Add my thanks to Mav for this, so generous to share this analysis with us & very encouraging.
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Thanks yet again Mav for putting in time and for sharing very much appreciated
Well done Mav for your careful explanation, hopefully this answers the people on here who have been playing the CR tune for sometime.
However in a galaxy far far away I am sure they will dream up more Balanced Bull.
Yeah thanks for the reality check Mav.
You’re a legend. Hope you have been topping up.
Balance, awful quite there squire?
Great points Mav,
Let's assume that things are a little tighter than we think, please examine the math behind the decision to continue capex at circa 80 mil and have to raise capital at current equity prices to do so, vs cutting back on capex until cash becomes available.
To the shysters who've been pushing the capital raise narrative, you need to do a little more work to show us how you come to your conclusion, it's not just a matter of looking at a share price chart...
To anyone who can go through the cash flow statements and forecast future net flows based on actual facts that we have in hand now as well as conservative assumptions that you can show your working for, and via this work you can conclude that a CR is necessary, then you may get some respect.
But you can't.
Goebbels eh, I always thought that quote was Arderns.
And another 'thank you' from me, I have learnt so much from your posts Mav. Very grateful.
Notice Bull and Balance gone quiet lol
Thanks Mav. for your contribution to our community.
Mav can do all the analysis with all the assumptions - the logical and market sense reason behind the steep sp fall of OCA is what he has missed.
Not that long before we find out, one way or the other.