I am new to Intermin and had a question re cash flow after Teal? I re read the Teal operations update on 23 Jan and would appreciate some input as to where/when is the next cash flow going to come from?
"The third and final campaign is scheduled to commence 21 February enabling full reconciliations and final cash flows from Teal early in the June Quarter"
I am assuming this is why the company is attempting to sure up resources around Teal i.e. the Jaques find to commence preparing for mining operations there? Any idea how long it would take to get something like Jacques up and running and producing cash flow?
IRC Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
