Yes, they produced 11,300 ounces in December, but what was the associated cash cost/burn?
How much net working capital did the company have as at December 31 2007 to fund Bronzewing until cash flow positive and meet its further share of costs/operating losses until Carnilya was cash flow positive?
Bankers due to review debt facility in the short term.
Draw your own conclusions.
I believe they were forced to sell Carnilya to save the company.
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i think its called survival
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