hot to trott !!, page-11

As always, thx, Doc.

Here's what Raleigh had to say:

“We are confident that we have developed strategies for different gold price environments, even in an extremely depressed gold price scenario, that will ensure we remain cash flow positive and operationally robust. Should higher gold prices return and/or other conditions change, the key capital projects that are being suspended/deferred can be reinstated with higher production targets as a result (making Colinchi happy). This decision will be based on delivering the optimum free cashflow.”

My comment: (Based on the above comment) Raleigh is definitely the man to steer the ship. He respects the mantra that "cashflow is king". His actions to date are indicative of his view that we must protect SAR's CF. I, personally, have gained a lot of confidence since Raleigh's appointment.

Cheers,

Deme