how low can it go????, page-35

Aramalap.

The lights may stay on for a while. There is still a lot if mining activity out there - just not in exploration. Mgt forecast of 17m cash flow for 2nd half is realistic. Some maintenance mine contracts have been delayed, but u must maintain a mine eventually, even for safety reasons.

My main concern is Bol will b run only for the benefit of nab and mgt given the debt. what is holding up the share price is the md bought just under 900k shares recently for bout 11 cents and nominal Nta is supposed to be 52 cents so assets could b of interest to competitors.