GP is spiking, now to 1224
AISC at U$824
Margins now out to +U$400 per oz
at 20kozpQ = U$8M FCF pQ = A$11.2MpQ FCF
They planned for the cashflow bullet in 2016 so far spot on at U$11M net cash after debt by 31 Dec 2018
(30 Sept it was $14.6M -U$8.19M secured debt)
By now its +$20M - U$8.19M, so the cash build is growing strongly as we speak.
They now talk of "return to shareholders" right on cue.
Id be happy with return of dividends and a multibagger the next 12 months
Heck a Disallowed, why not?
Its well overdue.
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