AAM aumega metals ltd
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Ann: Appendix 5B , page-7

  1. representative
    112 Posts.
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    29/10/10
    01:34
    Post #: 7402223
    I don't think its that bad..

    Sept Quarter Activites Report - $6.1m revenue
    Cash from sales - $5.2m

    Depending on the payment terms, they should have almost $1m coming in Oct/Nov. I see this as just a timing difference.

    Looks like im breaking open the war chest tomorrow.

    Gold is expected to climb, cash costs will remain the same or fall (margins at 40% or better), if worse comes to worse, now that they are producing, I am sure they can come to some sort of pre-sale arranagement with buyers to improve cash flow.
    AAM Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
2.9¢ 		Change
-0.001(3.33%) 		Mkt cap ! $17.51M
Open High Low Value Volume
2.9¢ 2.9¢ 2.8¢ $28.2K 981.1K

Buyers (Bids)

No. Vol. Price($)
2 21434 2.9¢
 

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Price($) Vol. No.
3.2¢ 50000 1
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