Did anyone else notice from today's presentation the current cash/loan figures?
As at 31 December from 2009 qtrly
Cash - $18.1m
Loan - $18.8m
As at 1 March 2010 from today's presentation
Cash - $25.3m
Loan - $16.95m
This means we have had an operating cash flow of $9.05m in 2 months of the current qtr.
Operating cash flow from last qtr was $2.81m on revenue of $12.1m.
Things looks like they are running along very well I would say comparing the substantially increased cash flow figures versus current market capitalisation of $150m and Artermis, Caterina, Wortel, Barikewa, Matariki to name a few to come and imminent reserves increase at Maari.
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