CVY 0.00% 11.0¢ coventry resources limited

Ann: Initial Cash Flow $US156M from Cameron Lake , page-2

  1. 15,277 Posts.
    lightbulb Created with Sketch. 577
    re: Ann: Initial Cash Flow $US156M from Camer... Well it wasnt Gold results but this is great news. 156m positive cash flow from starter open pit mine at cameron lake is projected. Low cost mining operations and it looks like they will get going pretty soon. Seems to me they have been quite busy progressing this gold project, very impressed with how management are moving things along very quickly.

    Not bad for a company only worth $14m! This one is really flying under the radar and the CR shouldnt have too much of a drag if we continue operations at this pace. I must say management seem to be doing a great job here.
 
watchlist Created with Sketch. Add CVY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.