We had a full year of Dragues which at least bought something in so that alone explains the increased ops cashflow. Trouble is, all the extra revenue from Dragues had minimal operational profitability. Also if you look at what we wrote off, Dragues has contributed one heck of a loss, and now the two things to get us going forward are Federation and Great Cobar. Dragues, with its supposed exciting exploration targets, has fallen off that page too. Clifford's remuneration is disgusting.
AMI Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
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