Share
621 Posts.
lightbulb Created with Sketch. 55
clock Created with Sketch. 30/07/24
16:38
Share
Originally posted by precis:
↑
Hi Matt, It was said that Dragues would still be processing through August (see Noosa presentation) even though we stopped mining sometime ago and presumably have now finished transporting ore to the mill. I would also expect income to continue maybe till the end of the quarter as we collect funds on sales that could occur in August and maybe as late as September. The company has also said costs are winding down as staff numbers are reduced with Dragues winding down. All this point to some good income through the quarter and even then, the company has also indicated interest in buyers for some of the Dragues plant. In short Dragues could continue to provide healthy cashflow through this quarter at least
Expand
thanks precis Im thinking of adding some more to my position at 16 cents if it gets there
(20min delay)