It says in the quarterly that gold production is about to start this quarter, so effectively anytime between now and 8 weeks.
This will give them a positive cash flow. How long it will take for them to get that positive cash flow after production begins, I couldn't be sure. But the business plan seems to be get premier gold mine up and running, and use the cash generated from the gold production to finance the other projects.
- Forums
- International Markets
- funding
It says in the quarterly that gold production is about to start...
Featured News
Add CDG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online