The cash flow turnaround in 2017 should be substantial but I haven't seen any detailed figures. Higher copper receipts will be offset by lower gold and this might boost net cash flow by only $2-2.5 m but the reduction in pre-strip should add $28.6m for a net boost of $31m . This would improve operating cash flow from -$7m to +$24m. These are back of the envelope figures (and exclude financing cash flows) but I would be interested in the thoughts of others.
The cash flow turnaround in 2017 should be substantial but I...
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