I think there is some shackles in terms of reporting based on the timing and recognition of revenue, expenses and JV payments. Hopefully it all comes out in the wash. Recent announcements say free cash flow to WWI is $160,000-$250,000 per month. This obviously has to be considered against the reality that sometimes the company appears to be holding cash that will ultimately be paid to the JV partner.
Ann: WWI Melbourne Mining Club Presentation, page-10
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