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The body language was cringy.Note nothing to be said about...

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23/06/24

01:00

Post #: 74442600
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Originally posted by The Mechanic: ↑

Very positive interview, main points:
Nullagine to add 30,000-40,000 ozs pa to production
all production to be hedge free
to bring Nullagine mill back in production will only cost $2-3 million, mill currently in very good condition
numerous very prospective prospects to explore
at current gold prices margin will be $1000-$1200 aud
Should add considerably to cash flow, feasibility study out within 3 months and production targeted to start 6-9 months.

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The body language was cringy.

Note nothing to be said about production for this quarter?

Suggest that they will have barely $12m at the end of the quarter?

Yes, great interview ‍♂️
CAI Price at posting: 10.5¢ Sentiment: Sell Disclosure: Held
1 Upvote

0 Great analysis

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