If "Operations remained operating cash flow positive" It wouldn't be by much. Management have consistantly been reluctant reveal the "all in cost" at Olaroz level. Maybe one of the dopey analysts will ask this question at the next briefing as it would be significantly higher than that revealed in the quarterly as "cash costs". Also company doesn't reveal a quarterly cash flow at ORE corporate level so there is no way of determining whether the company is cash flow positive or not. It should be easy enough to split out investing from operating cash flow at corporate level. But, I suspect ORE is not cash flow positive(excluding investing) at corporate level. I am a bit disappointed by management not being completely transparent in their reporting.
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ORE Price at posting:
$2.08 Sentiment: Hold Disclosure: Held
