IGR 0.00% 50.0¢ integra mining limited

impact of today's placement announcement, page-8

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    According to my rough calcs, IGR is producing about 5,000 oz per month with a margin of about A$800 = $4m per month.

    But it looks like they are spending about $3m per month on exploration and administration, so only about $1m per month free cashflow!
 
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Currently unlisted public company.

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