No news? the news was only 4 days old and stated very clearly what they are going to achieve in the coming days/weeks/months....
Production and cash-flow today...
- Mining underway at Ulysses West gold project near Leonora
- 3-month toll-treatment operation delivering ~8,900oz from initial open pit
- Mining alliance with experienced contractor, SMS Innovative Mining P/L
- Estimated free cash-flow of $4-6M, subject to gold price
- Forecast cash balance of $7-8M by Q1 2017
- Cash to be reinvested in aggressive exploration effort
- Ulysses – drilling underway targeting extensions and repetitions
- Viking – major greenfields exploration play in Albany-Fraser province
- First phase of drilling commencing this week
No news? the news was only 4 days old and stated very clearly...
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