axm cash: burning or piling up?, page-3

  1. 4,326 Posts.
    mangrove,
    june payments for contractors weren't paid in the june quarter, thus it will be coming out of july i would think.

    i think august should see sales of around 7000oz and september i am expecting it to rise back to atleast 9000oz but wouldn't be suprised to see it back closer to 10000.

    i think there is also a payment on the warrants due september.

    its going to be a very tight quarter imo. If the pilot gravity circuit works then it may help squeeze out some more ounces in september and make the quarter look a little better.
 
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