Post by
DEH1 on May 02, 2014 7:25pm
After all is said & done ????
Cash end 2013 > $22,776,000.00
Plus net cash Q1 from underwiting 19m shares > $26,635,000.00
Total cash to be reconciled > $49,411,000.00
Cash end Q1 2014 > $44,378,000.00
( $49,411,000,00 - $44,378,000.00 = - $5,033,000.00 ??)
Q1 cash, after all said & done , down $5M ( $13m still owing on debt)
Q1 TMM share delution 13 %
GLTA
Comment by
theuduk on May 03, 2014 8:45am
Did you note this from the report which might explain the decrease a bit, not sure what the 8.5m payables were for but if from a previous quarter might not be too bad. "stronger, with a cash and cash equivalents balance as at March 31st of over $44 million after paying down $4.5 million in debt and $8.5 million in payables during the quarter."
Comment by
firecracker74 on May 03, 2014 1:01pm
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Comment by
firecracker74 on May 03, 2014 1:08pm
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