now we are in business!, page-13

Thanks Geko - I hadn't seen that (I'd checked the cashflow but not the activities report).

Note I said revenue - not earnings. I have NFI on their likely mining operations costs - am I right in seeing this new JV will involve transporting 180k tonnes of ore to Tassie?

I'm 3-weeks new to MAR, so apologies for the mistake (Picked it up on a recommendation from a mate as a speculative Silver buy).

So factor in another $893k current cash position puts them just shy of $2m which is a more comfortable cash base for the next 12 months, even with more sample drilling to improve the resource base. (I'll disregard the $670k options cash-inflow - for all we know, it won't be realised until 2015 for tax purposes).