AYC 0.00% 2.3¢ a1 consolidated gold limited

Ann: Mining Update High Gold Grades Achieved-AYC.AX, page-3

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  1. 676 Posts.
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    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.
 
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