EXT 0.00% 1.1¢ excite technology services ltd

ttr ann, page-8

  1. 18,874 Posts.
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    re:deltra Deltra,Did you read it???
    Pete.
    SHAREHOLDER UPDATE
    Burnakura Mine Closure
    The Company and its joint venture partner Burnakura Pty Ltd, (a subsidiary of Extract
    Resources Limited) have resolved to close the mining operation at Burnakura with the
    ultimate view of disposing of this asset. This will result in the joint venturers mining
    44,000 tonnes @ 8.2g/t and treating 60,000 tonnes @ 7.1g/t of ore over the next 5
    months. The Company anticipates achieving a strong positive cash flow from these
    operations, given that there will be no further mine development activities.
 
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