METS

Contract loss stings Bounty's cash flow

THE loss of the Aquila contract hurt Bounty Mining’s bottom line in the March quarter, with operating cash flow diving and the company now looking at a capital raising or short-term credit.

Angie Tomlinson
Contract loss stings Bounty's cash flow

“The rapid changes in operations, including the break in production at German Creek, relocation to a NSW operation and redundancies, have resulted in cashflow difficulties for the company,” Bounty said...

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