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839 Posts.
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23/07/13
11:21
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re: Ann: Quarterly Cash Flow Summary for Peri...
I believe there were some very positives in the report as highlighted below:
Cash flow – No issue:
Cash Balance 16.6m and estimated cash outflow for next qrt 3m – resolves the need to any immediate capital raising. Box Tick!
High impact drilling:
Blackwood – May spud in Sep / Nov. There may be a high impact on SP when the final date is announced. Big Box Tick!
Watchout:
Finalise contingent and prospective resource estimate. WATCHOUT, there may be a big pleasant surprise for Heron & Blackwood. Big Box Tick!
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