Just wow.
What a great result. Net cash position increased by almost $23m AUD (just saw your post @binwood - I will defer to your numbers)
$14m cash build, and $6.5m USD paid off loan. Sort of wondering why they don't pay off the loan quicker, but perhaps they are unable to.
AISC is extremely low. Exploration looks promising, compared to what I have seen in the past (just a cursory glance over the past few years of results).
Basically, the company may be net cash at the end of the Sept Q (less than 5 months away). Incredible result.
Will ensure EMR are able to drill the heck out of the Bullseye tenements.
Well done to all stakeholders.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6
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