unfortunately pagedown, i don't think we are anywhere near profitable. The best we can hope for is cash flow positive in this case. our production volume is well and truly short of where we needed to be. Hence, the all in cash sustaining costs is just too high as we are unable to spread it more.
as someone mentioned previously, its lucky that we have no debt. otherwise we would be up the administration creek.
maybe that's the only positive side about holding off Dargues.
UML Price at posting:
1.3¢ Sentiment: None Disclosure: Held