Good cash-flow announcement for the end of June. The considerable increase of gold-in-circuit indicates another shipment of gold to the Perth mint is underway. Paying-off creditors also indicates they have enough cash to keep up production so it is a fair bet they are able to ramp up production without threat of another CR. Looking great IMO.
Mechanised mining into the 5000t measured resource + Airleg mining = Lots of Cash this quarter.
AYC Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held