Ann: Clarification - Quarterly Cash Flow Statement, page-26

I would just like to say that as a holder I was happy to read the updated quarterly. As in the original it was hard to figure did they mean expected profit or loss? I see that in the original on the notes at the bottom it says under 1. "An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report".
I think that we all know that an estimate is an estimate.

I like the part that says:
"October production performance and financial outlook:
Austar Gold further advises that, as mentioned in the Company's Quarterly Activities Statement released 1 November 2019, mining and production performance at Morning Star has experienced a significant improvement in October."

IMO it looks like that with Morning Star Mine we are close to break even. Once we have a full mining licence for ROD with the increased volume of feed for the mill that might put us just over the line to make a profit. If the merger goes ahead and it looks likely then I think we will have a very good chance to be in profit on a regular basis.
Nothing is guaranteed but I think our chances are good.
DYOR