Originally posted by Plext
Our tenements are very strategic. Recent huge copper results, Last year great gold results, a plant running at half capacity and underground mining costs are sunk... Takeover target IMO
ok, more on potential than current project, guess there's always the chance
between the cash and the debt facility which is undrawn there's a lot of qtrs of breathing room until they run out as long as the cash burn doesn't increase in rate, was holding steady earlier last year (must admit haven't looked close enough to work out exactly why they went negative in dec qtr)