Grosvenor Resource Corp V.GVR

Metals & Mining Industrial Metals & Minerals

Grosvenor Resource Corporation is a Canada-based natural resource company engaged in the acquisition and exploration of mineral properties. The Company holds a 100% interest in the Powder gold-silver property, which is located 75 kilometers (km) north of Kamloops, in south-central British Columbia, Canada. The property is comprised of two mineral claims and covers an area of approximately 121 hectares.

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Grosvenor Resource Corp > Total confusion without fins

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Comment by lscfaon Dec 20, 2024 1:57pm

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Post# 36372616

RE:Total confusion without fins

I think Crossley's no. is more realistic. $10M is total cash to be received. Shields $3M no. is what was collected from arrears balances. Apples and oranges.

Qtr ending	Trade receivables	SAAS revenue	Cash payments received
Dec 23 (e)	2,200,000	2,200,000	2,200,000
Sep 23 (e)	2,200,000	2,200,000	2,000,000
Jun 23 (e)	2,000,000	2,000,000	2,924,708
Mar 23	2,924,708	1,804,891	1,901,638
Dec 22	3,021,455	1,727,817	1,950,524
Sep 22	3,244,162	1,422,671	444,345
Jun 22	2,265,836

lscfa wrote:

Jul 31/23 webinar

The Company expects to have collected ~$10 Million in payments by the end of calendar year 2023

Dec 02/24 webinar

Cash collection, we expect to return to calendar year 2023 levels when we collected over $3,000,000, from clients. And, we expect that cash collection in 2025 to continue to increase as sales increase.