LCY 0.00% 1.3¢ legacy iron ore limited

Ann: Quarterly Appendix 5B Cash Flow Report, page-5

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  1. 732 Posts.
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    Having given it a day before reading again, my thoughts: hopefully cash receipts of 7.7M relate to the previoua quarter's 20,000 tonnes and next quarterly will have a correspondingly increased receipts from customers (as the following quarter, gold ore shipped increased to 67,000 tonnes). That wpuld put us at last in the black as a producer.

    Hopefully (I begin to hate this word), production costs decrease with operational efficiencies and production scales up to allow mine completion in a reasonable time...
 
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