Ye but is their AISC is $1550 (could be higher) then their profit is 7,500,000 for the year, minus interest + principal of ~$2-4M minus Pybar say $5M minus trade payables = negative. Enough to keep afloat for 12 months? My prediction is they have 2 quarters to turn cash flow positive or its game over. I could be way off of course.
Ann: CGO and Byrnecut optimised mining strategy at Challenger, page-35
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