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Gold/Mining/Energy : Gasification Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (1726)1/11/2013 6:21:26 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 1740
 
Did SSL raise some cash recently. I noticed on quote.yahoo.com that they have $1.5 billion in cash and have $1.8 billion in debt?

finance.yahoo.com

Obviously they are a capital intensive business, so I was surprised to see that they have some much cash on their balance sheet.



To: Paul Senior who wrote (1726)1/12/2013 11:47:07 AM
From: A.J. Mullen  Respond to of 1740
 
Sasol's GTL ventures are exciting, but most of their revenue comes from South Africa which includes a substantial CTL venture - a legacy from the Apartheid era. The value of the Rand against the US dollar is an important variable for this stock.

Ashley