Without being able to utilize my 'crystal ball', them being cash flow positive in Sept is not that hard sleuth.
Simply, the grades must be rising. Everything else is just white noise.
As for the amount of gold produced. Again, simple really, early in the quarter they produced much less gold than the did in the month of Sept.
Am I right??? Excellent question, I can only go from what the company is providing.
ABU has a very bad past of continual capital raisings, no doubt about that. I actually take comfort that DH is no longer in charge, as for better or worse, he is the single reason for the continued dilution. Will the new guy be different, I hope so if he wants the job.
ABU Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
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