Wanga
'"Costs exceeding cash inflow" - that is not correct. The s/p is rising mainly because March production costs were lower than production revenues for the first time'
I'm not sure the above is correct. I thought the statement was that March was cash flow +ve??
They could do that a number of ways. It does not mean that production costs were lower that revnues.
LYC keep changing the wording. Always legally on safe ground, but the changes make if very hard work to discover any true data. The annual accounts , or a CR, will tell a better picture, assuming we get that far.
Ann: Quarterly Activities Report, page-32
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