EMS eastern metals limited

positive cash flow next financial year

  1. 3,960 Posts.
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    Hi all

    Note 10 from the half yearly:

    "The Company expects positive cash flows from its ArTiMist project during the 2010/2011 financial year."

    Sounds good to me.

    It shows

    1. That they are pretty confident of Artimist being a winner (and this was signed off last friday, so even though its for the half yearly, they would have a reasonable idea of the outcome of the trials)

    2. That it wont take long to bring some cash into the door. Im sure we will hear more about where they are at regarding licensing agreements etc once the results come out.
 
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