200,000 oz or say 180,000 oz per month at low ball est $22.30 au poz, ( trying to realistically predict on low side for production and pos)
Income 16mil per quart
Cash out 13.6 next quart
Cash flow 2.4 m positive
I would imagine CBA keeping a tight rein as they should, but looks to be on a roll and viable.
No cr required
My sentiment - unchanged, the quarterly was where I was hoping we would be now from 6 months ago and that was a big roll of the dice and for a good result, scraping through to become cash flow positive with a clear possibility for compounding improvement.
CCU Price at posting:
10.0¢ Sentiment: None Disclosure: Held