A good result. It's always difficult to interpret some aspects of HGO results ans cash flow in particular. I think the best measure is the reduction in liabilities ($14.3m) and increase in inventories ($13.8m) which is effectively the cash generated of $28.1m. The second half should see production of 11,236-13,236 tonnes of copper and at the mid-point this will increase cash generation improve to over $40m. The future is positive.
A good result. It's always difficult to interpret some aspects...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
