It is good to see a strong cash balance, $52M in the bank with one more qtr of treatment from the Dik Pit. They should end up at around $70M in the bank at the end of the year. Given the current MC is $80M, one would hope to see a little traction on the SP. Some positive steps on Kapulo and Dik UG, plus some results from Lufukwe should also help us to lift a little more.
With the plans to possibly re-list on the ASX maybe the timing might be right around the end of the March qtr 2014.
I'm not brave like Roger to predict $2, but I would like to think something with a 1 on the RHS of the decimal point isn't asking too much.
Tubber
MWE
mawson west ltd
It is good to see a strong cash balance, $52M in the bank with...
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