GREY:DRGDF - Post by User
Post by
shermandrockon Nov 10, 2013 9:28am
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Post# 21892317
Hey curve: The F/S caption " Trade and Other Payables"
Hey curve: The F/S caption " Trade and Other Payables"
appears to contain the "trade" payables of which you speak, i.e. payroll, supplies, fuel, etc. etc. etc.
Current Liabilities are those known obligations that are due in 1 year or less.
Trade payables are normally due in 30 days (longer by agreement)
I would surmise that the lion's share of this would include the sustaining capital.
I presume that some of these amounts will be paid beyond the immediate quarter or two.
Are we on for that 6 months cash raise bet?
Sherm