RE: Target 20p π₯10 Nov 2025 07:45
There's no placing coming derampers. $800k in the bank before reimbursement of drilling costs so true cash position is closer to $1.5m. We're also generating circa $1.5m per annum of free cash from our Cobre operations.
Leigh Creek disposal (non core copper asset) is also expected soon which will bring in another Β£3m in cash plus 20% share of the listed entity.