Highlights • Significant turnaround, production within guidance, costs below guidance • Quarterly results strengthen balance sheet from improved operational performance and cost reductions • Strong operating cash flows of $9m, an $18m improvement on the prior quarter • $6m debt reduction and Lind Convertible Note repaid • $4m placement completed, supported by a small number of international and domestic institutional and professional investors • Lake Way Transaction completed in early October, with Blackham receiving a further $7m cash and $10m to be received towards Williamson mining activities • Share Purchase Plan to raise up to $3 million
BLK Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
