Ann: Quarterly Activities Report, page-76

I think BLK are still losing money @RockstarJones. There's lots of relevant detail in the FY19 annual report & it would be a strange miracle if they're somehow making money (profit) on the basis of 17,565 oz gold produced in the Sep'19 quarter. Net operating cash flows of $8.6m for the Sep'19 quarter & net debt (excluding the MACA Working Capital Facility) was $2.4m at 30/09/19. The Appendix 5B will provide further detail when it's released. I wonder why they didn't mention the balance of the Working Capital Facility in the Sep'19 quarterly report?

I think a reasonable performance indicator will be the balance of the Maca Working Capital Facility on 21/12/19. The $19m Working Capital Facility is fully payable by 29/02/20, but the balance needs to be less than $12m by 21/12/19 for BLK to avoid paying a $750,000 penalty. Only time will tell.