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1,670 Posts.
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04/11/11
22:28
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46k income for the quarter with 150k admin with 7k cash in the bank.
Very obvious mate!!
Selling such high quality coal with royalties of $1 a tonne?? Maybe 2.50 next quarter if they lucky!
Not sure how the management strike that deal with their mining contractor, sure a sweet deal the other end.
Let's see how the management plan to spend the 7k, maybe shout the shareholders a chrissie party with few carton of beer would be nice.
GL all!
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