denver friendalso from the ann.."The Company's cash position...

  1. 2,854 Posts.
    denver friend

    also from the ann..
    "The Company's cash position will be approximately $500,000 when the final payment is received from Newcrest Mining Limited under the Farm-in Agreement in relation to Frontier’s Mt Andewa and Mt Schrader exploration licenses (Newcrest’s withdrawal from the Farm-in takes effect from 21 June 2013) and this will provide adequate 'hibernation' income for the remainder of 2013."

    "hibernation" income being the appropriate wording

    Then...
    "Torque will reimburse Frontier for about $200,000 in costs carried from mid 2012 at 'ground breaking' on the proposed Stormont Mine and when it receives cash flow from processing"

    "proposed" and "when it recieves cashflow for processing"
    being key wording friend denver.

    On that is hardly surprising to see two walls veing built at .008 and .008
    Cheer
 
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