for those interestd in financials the net operating cashflow needs to be in the green ...this quarter it shows (2,799) so 2.8 million more than revenues collected shows an imbalance in cost recovery and production ....i guess some of the cost is due to development of the project which could have helped the operating cashflow....rather disapointing but in the sceme of things if they can remarkedly bring on the next quarter as cashflow positive we will get a market responce...in the meantime we need more production output...this is why i think they announced an immediate upgrade of production to 9000 tonnes so they can run at a profit....if you think about it doubling the production should show cashflow positive...so its all about the maximum amount of tonnage squeezed into each quarter....the higher the production rate the more cash generated until it shows a cashflow positive situation...cheers JAM
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production costs go them again, page-2
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