Email from the company on the 13/5/2013In brief, our cash...

Email from the company on the 13/5/2013

In brief, our cash position has diminished in the previous quarters due to payments for acquisitions. There were also increased production costs at Cascade while the cut back was underway however this is forecast to reduce to $9 mill for the next quarter. Cascade is now producing 150k tonnes on an annualised basis, up from around 45k.
Our forecast revenue will remain steady and we have no items of capex imminent.
We expect to be in a cash neutral position next quarter, turning positive beyond that.