Possibly these 2 expenses will be non-recurring next quarter, so adjust the -$500k operating cashflow to be +$5.5m?
But there is another -$6m of investing cashflow. This may be recurring or partially recurring, because more mining equipment will be coming in. Then add a bit of outflow when we finally scale up production, because of pre-payed royalties in advance of lagging cash from refined gold.
So $3.5m cash will last us like....2 months.
They gave a bit of extra disclosure, but cash 'due' comes along with new 'costs due' like new mining that we will incur to create new bullion receivables.
It all comes down to the grade still being 0.40g/t.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-20
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