RE:RE:back of napkin...sherbrooke1 wrote: Some of the growth in cash may be attributable to 20 cent warrant exercise. ...............Some may be attributable to company getting cash on large account receivables outstanding. It's important to look at the growth in NET Working capital. Current assets, minus current liabilities, then net out all the financed debts. And look at how that is growing or not. And compare the movements in net working capital to cap-ex and production numbers............ie...........a full picture of money in and money out.............over periods of time. Not just a snap shot. Last numbers we have were 3Q 2013. .........................Company seems very late in financial and operating reporting .......probably by design, huh.
I agree sherbrooke1, however as Q4 results aren't released until the end of April, i.e., not late, just on time, we don't have these full accounting numbers to go by, so all we can do is guess.
I was just pointing out the possible upside. I left a couple items out that could push it even higher, but won't bother mentioning them now. It will all be available for everyone to see 6-7 weeks from now when the Q1 numbers come out. And of course, FY 2013/Q4 numbers are out in 2-3 weeks.