Not wanting to rain on the parade as I am a holder of this stock but what the ann. said is that cash inflows will exceed cash outflows including exploration.........not that the company would be a profitable producer in the quarter. The cash inflows will include the short term financing facility previously announced, so I think we are still a couple of quarters away from true profitability.
That said I believe the company is a great medium to long term story as they are constantly increasing the resource base and producing gold at some of the cheapest prices in the world.
MUN Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
