AR1 0.00% 16.0¢ austral resources australia ltd

Ann: Commercial Production and Positive Operational Cashflow, page-32

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  1. 142 Posts.
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    Is your fear they haven’t disclosed something? I don’t think there are any skeletons, they did a debt deal to pay bills, most of which appears to be thiess, so it’s fair to assume there won’t be an abundance in cash, but at 975-1,000t per month, at copper where it’s trading today, 10% higher in the last 2 weeks, it’s a fair assumption now they are operationally cash positive, that is 2m (USD) per month to the bottom line ABOVE… the announcement earlier this month
 
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