"Prediction:
July 115K(per Qtly)
Aug 155k
Sep 180K
Total for Qtr. 450k"
Actual :
July 115k
Aug 115k
Sep 155k
Total 385k
Not a good qtr. I'm a bit disappointed they refer to on-going issues with the ball mill but provide no further detail.
What the real cash situation is, is anyone's guess. The loan has bought extra time but the lack of details regarding ramp means no questions are answered for investors.
Here's hoping for a bounce in the silver price.
"options to improve working capital", page-17
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