gold in freefall.. how low slr monday?, page-40

-Trade Payables 31 Dec 2012- $76m
-Net Debt March 30 2013-$13m
-Pacer Creditor-$17m + anything in Trade Payables carried forward.
- Below the line outgoings per quarter (capex, exploration, business development as per the quartely rept)- $10-15m

The Mt Monger free cashflow is not much when compared to the outgoings. Also, keep in mind that Murchison will not be cashflow positive for this quarter at least.

This may be a great long-term story but short-term things don't look great from a cashflow point of view. A CR of $30-40m may be in order. Given the recent track record of not meeting targets it would not be a great look for the Board but it would provide some financial stability.