By the end of July (June qtr ann. due next week) we should have processed 1000 ton of ore @ 13 g/t
which should give us 400 ozs AU + silver ($half mil) on a gradual ramp-up basis
It will be interesting to see if the new CEO gives us an up to date report as well as the June Qtr results.
My guess is that he will.
Cash at the end of the Qtr, IMO, should be about $7.5 mil & July should be nearly cash-flow positive.
A good quarterly report and details of the ramp-up to date should sent the SP to 65c+, IMO.
Cheers
Moorookamick
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- Ann: Production Ramp-Up to Commence at Talang Santo
By the end of July (June qtr ann. due next week) we should have...
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