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Agreed it's nice to have some cash in the bank. Not nice that...

  1. tpcs
    340 Posts.
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    30/04/14
    13:45
    Post #: 13303706
    Agreed it's nice to have some cash in the bank.

    Not nice that there was only $21,000 product sales for the quarter.

    Doesn't look like any plant is being ordered any time soon - which might mean the Mits money is not expected anytime soon, and still no processing of tailings/stockpile expected any time soon.

    "Estimated cash outflows for next quarter $A’000
    4.1 Exploration and evaluation 10
    4.2 Development 450
    4.3 Production -
    4.4 Administration 240
    Total 700"



    CNQ Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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