they have 53m in cash. Have 3 quarters of prod left with grades and tonnes increasing in block D so at least 30m cash flow and another 30 m of inventory and land they will sell. A few mil spend on rehab will be recovered from land sale . Last quarters cash flow including pre stripping and rehab work
Boonanaring produces until June and it takes 2-3 months to rellocate - the gap currently between the two mines is exactly the same gap proposed in BFS many years ago
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6
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