re: Ann: Fourth Quarter Activities and Cash F...
Solid quarterly once again:
- cash at 58m which is close to 16c a share. Don't forget we are also entitled to royalties on top of that of around 1c per share, so hopefully we clear that up with copperchem. We ceratainly aren't bleeding cash therefore.
- noticed they said that ore from Mt Colin and Kangaroo Rat "would be trucked to and treated at established processing facilities within the region". Does this mean we are pursuing a toll treatment arrangement (which should mean further cash flows in 2013 if not sold beforehand)?
EXS Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held