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8,033 Posts.
566
12/06/13
18:03
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A year ago cash on hand was $57 million after a CR At 68 cents
That raised $50 million
Now $22 million cash on hand and $22 million debt
In that time the POG averaged around $1600 US
As well as record production
What has that $57 million been spent on
I think about $4 million went on plant expansion now shelved
About $10 million went on exploration
About $20 million prep work
Maybe someone can work out where the rest went
Apart from that there was a right down of stockpiles of $20 million
I sold some more of this flat bolinger today
Up up up
On what basis
Increased production ?
POG ?
Or is it that Hedge
Please is there any real positives at all
I am at a loss to find one
Imoo
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