macros
Can see yr point entirely.
The question I posed to Jon G was that our near term cash flow looked tight after all we have committed to of late (Finalising Ramp-up of new pits/ CRE T/0) I threw the following figures at him...
@ 11.5 M cash
@ Fwd est outflow for Coolgardie next Q 40M. I estimete they will reach rev of 40-42 so lets call it even.
@ Laverton operations still burning cash at present (see earlier post for his CRE outlook)
If I thought the company would be in trouble LT at POG under 1600 I wouldnt be invested. I was simply trying to guage our position ST and am obviously keen to see another CR avoided.
IMO we will reap massive benefits once all this expansion is bedded down...just want to see it done as efficiently AND as ecconomically as possible
Cheers
Couchy
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