PLY results from last quarter are out.
Our share of production from the end of Hannaford was 4,188oz. At a margin of around $600/oz, that gives us cash of $2.5m for the quarter.
Doesn't look like Vertigo kicks in until the current quarter.
We should also get cash from interest, royalties and the sale of our 25% interest in the WD equipment. That could get us top $5m gross cash for the quarter before admin costs.
Some of the Drew Hill exploration looks encouraging though, although interested to hear thoughts from others.
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