AYC a1 consolidated gold limited
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Good cash-flow announcement for the end of June. The...

  1. Explacly
    677 Posts.
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    14/07/16
    11:08
    Post #: 18267227
    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
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    lightbulb Created with Sketch.  Great analysis
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