Ann: Section 708A Notice and Appendix 3B, page-36

Positives and negatives Linzy. They were on an improving trendline once they had the crusher up and running up until the machinery break downs although still not where they needed it to be. With the cash balance getting too tight for comfort they couldn't afford fumble around any longer without any cash flow coming in so they've pulled the handbrake. It seems they have used the mechanical issues as an excuse to stop production and take time to review the operations and I can't blame them for it. They haven't got it right yet and the price of tin is low so there's no point dragging it on any longer until they know positive cash flow is achievable at current prices.

I'm curiously awaiting the update next week on how they plan to turn this around.