Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-49

Latest Crux interview yesterday with DR, link below:



The main points from the interview:

• Production this year to be 70,000-75,000 ozs pa
• build up to 130,000 ozs pa over the next few years
• last quarter showed clear cash flow of $5 million
• the strip ratios are still and will come down
• $10-15 million required for the underground development
• Capital raise was to help finance mine expansion and reduce perceived risk of CAI
• Definately no further Capital raises
• CAI is in a much bettter position to what it was 4-5 months ago
• looking at high grade open pit at Blue Spec
• a lot of exploration will be targeted at Felix near Blue spec and expanding the current open pit mine life
• the Lithium assests to floated off later this year

Sounds like a good story to me, like all mining stocks nothing is a sure thing but I like the chances here.