AZG 0.00% 3.6¢ allmine group limited

Ann: CEO's AGM Presentation , page-35

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  1. 384 Posts.
    S209... I see, I was looking for net operating cash flow I think that's the one we have to keep our eyes on however there is a good thread on AZG on facebook an analyst on there has spoken to Scott recently and basically is pretty confident, it's good news that they have this new debt facility which should tied them over for a bit but saying that I'd rather they didn't take so much risk and STRENGTHEN their balance sheet and Cashflow statements again!!! (Scott if any of you are reading this) it's not a good time ever in my oppinion to be punting getting across the line, long term growth comes from solid self funding companies that don't require debt and AZG shouldn't but this is flying too close to the ground especially if credit markets seize up again all around the world like when Lehman collapsed. I think it will be good but don't expect to see positive cashflow this quarter maybe next quarter.... anyway here is the link

    http://www.facebook.com/note.php?note_id=318992578117555

    great read and well worth checking out.
 
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