Gold cash cow like OMI? $3550 gold5 Sep 2025 13:17
For £14mln cap they are throwing out cash and paying dividends
Group Cash Balances
Cash balances in the group increased to £6,040,000 at the end of Q4 (FY Q4 2024 - £3,800,000) due to turnaround of high inventory levels in Ghana at the end of FY 2024 and the timing of payments of large creditors which took place in the first week of July 2025.
The cash balances will be used to manage working capital requirements, capital expenditure and to pay the dividend which amounts to £150,000.