burn rate, page-5

Positives are that the $US base prices for Mo and W concentrates remains firm/firming and the unhedged exchange rate kicks A$ price along nicely.

Cash flow can be augmented by delaying exploration expenditure to the bare minimum. Original free cash flow for 08/09 was around the $7 million mark as I recall (without above benefits) - not sure how that projection now looks but should be clearer in a month or two.

Official sampling (ie to support shipments) began last week so there is progress on this front.

A while back on another thread there was criticism of the need to ship via Brisbane - I understand that this is not an onerous burden - we are not shipping ore but concentrate.

I am not an analyst, DYOR.