this is an unarguably positive report .
Net Operating cash flows for the quarter of $7.2m and EBITDA of $5.7million and forecast ( profitable) production of 40,000 ozs in FY 2016.
as I expected the earlier reported slip in the Eastern wall has been downgraded to a "significant material movement" whilst mining activity exceeded the expectations built into the block model.
There are numerous encouraging pointers to a substantial and profitable operation in prospect with the trauma of "the slip" now behind it.
Ann: Quarterly activities report, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $2.857B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 40.5¢ | $55.01M | 131.2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 136340 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 2109264 | 10 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |