RE:RE:Cash 95 vs 73 end of q2 hmm come to think of it, if this year with lower production and lower gold price already has $111 mil fcf (before buybacks and share investments), then going forward with higher $1900 gold, gcm should have a LOT higher fcf than $120 mil per year.
invest234 wrote: 22 mil + 25 mil cash used to buy caldas shares and gold notes + 2.1 mil cash buying back 350k gcm shares
= $49 mil fcf
in the past gcm counted fcf before using that cash for buybacks.
if q4 has similar number as q3 then that is $98 mil fcf just for h2. add h1 fcf then that is $111 mil fcf for this year!
huge cash cow!
going forward from q3 with $1900 gold, that is around $120 mil fcf per year$$$
Brioche wrote: So 22 mil more .very Good
The fcf will N O T be of course 43 mil this Q
All lines following ebitda on the operating account have to be improved .
If impossible , then from a small shareholder , more cash should be use on buybacks .
Remains very undervalued of course .