Cashflow EBIDA positive ok. It means they do make money to service debts. In this quarter, because the primary crusher broke, they are $690k short for breaking even after paying debts.
Wagges and management admin are still heavy, so they are trimming off contractors, etc.
Plz read the quarterly properly..
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- Ann: Amended Quarterly Activity and Cash Flow Reports
Ann: Amended Quarterly Activity and Cash Flow Reports, page-3
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