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Ann: Pennys Find - Third Treatment Campaign at Lakewood Mill, page-16

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  1. 226 Posts.
    lightbulb Created with Sketch. 10
    Just a correction. Erl was billed 8.4 mill including 600k mid Jan and has paid back 5.1 plus 600000 so 5.7 mill. 8.4 - 5.7 = $2.7 million outstanding as per market release mid jan. Current mill run should generate 8- 9 million so should be cash positive 5-6 million less expenses at end of mill run. So by quick calcs shoul d be in the black shortly prior to under ground start
    Last edited by Lalado: 16/02/18
 
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