BLY 0.00% $2.91 boart longyear group ltd

pig dog, page-36

  1. 2,047 Posts.
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    "Any chance of a link to justify your positive cash flow call ken."

    I bet you all my BLY shares that the cash flow will improve. But if you want facts i'll give you a few

    1. No more interest payments for 700million worth of debt. 25-30 million atleast
    2. Cost cutting measures working its way through.
    3. rise in commodities prices ie gold, copper will lead to more drilling work.
    4. Credit markets returning to normal and small mining companies able to access funding.

    These factors alone will contribute to increased and positive cash flows.






 
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