Prior to the end of Q1 2019, refinements were being made to the plant for optimisation and was not running at a production rate.
During Q2 2019 the quarterly stated "Mining moved from the development phase into a more continuous mining cycle."
The Q3 cash flow had the production split off as a separate line item as the development cycle had moved to a continuous mining cycle in the previous quarter..
Based on the October update Q4 should be a profitable quarter.
AUL Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
