re: Ann: Quarterly activities and cash flow r... "In anticipation of the imminent award of Government of India approvals for the project, contract documents are in the process of being finalised and are expected to be completed in the next quarter."
Improvement on before where Arvind warned that this would take considerable time (not that it hasn't already).
They're still holding on to Bankura which is also good to see. Pity about the technical difficulties at Surda or we'd have another production record and cashflow would look decent for once. Hopefully we get a production record ann next month >>
At least we have a trophy now...
The change to swan gold could also be in anticipation of the significant amount of capital required for these projects when(!) they get approved in the distant future.
Aravalli might give us surprises in Feb.
All in all looking good for a $10 mill MC company.
re: Ann: Quarterly activities and cash flow r... "In...
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