Good Quarterly, better cash bal than I thought - $20.3 less $5.7m overdraft = $14.6m We ended up $2.5m better off than end of last Q, though we did receive $9.7m early in the Q from last Q's production.
Great to see Mining of Pit 5 will start in May and the satellites in July. Pit 5 will be oxide so cheaper to process. Domba mostly dewatered Sounds like the crushing/grinding circuits are all repaired/refurbished New power generation on site, some old generators still to be overhauled
Overall good Quarterly
FFX Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held