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Ann: Further High Grade Copper Intersected at A Zone Prospect, page-9

  1. Wolca
    294 Posts.
    lightbulb Created with Sketch. 26
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    13/06/18
    09:41
    Post #: 33670792
    Hi Bushblock, would you set me straight regarding the 7.5 mil to 10 mil free cashflow various people are mooting as profit from
    the open pit. It is my understanding that the 7.5 mil free cashflow was to mainly pay back the loans ETC., and that for every
    $100.00 AUD above $1,500.00 would bring in an extra $2 mil. If that is the case then the best outcome we can realisticall expect
    would be around $2 mil profit from the open pit. What are your thoughts ? GLTAIH
    ERL Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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