AQJ 0.00% 20.0¢ aus asia minerals limited

jv =august production =october cash flow

  1. 6,496 Posts.
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    Abadi Project to be flowing cash into CES pocket in Oct as production starts end of this month, all associated costs are bourne buy thier new JV partner Toba Jaya.
    How good is this all CES need to do is sit back and count the money coming in, they have nothing to outlay, it,s all done by Toba Jaya.
    CES will reap around $3 million dollars a year.
    They only have 80 million shares on offer and thier income will be $3mil a year for 16years, makes this look cheap.
    Works out at 26.666cps return per year.
 
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