CTL cleantech lithium plc
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News: CTL Centennial Mining Ltd responds to ASX query

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    23/02/17
    18:00
    Post #: 22854836

    Feb 23 (Reuters) - Centennial Mining Ltd (CTL) :

    • Refers to letter dated 17 Feb 2017 regarding co's appendix 5b for period ended 31 Dec 2016, released to ASX on 31 Jan 2017
    • Anticipates operations will be self-funded as mining and processing operations reach full commercial scale
    • Forecast production for March 2017 quarter will increase to +4,000 ounces of gold generating Circa $7 million
    • Company's operational cashflow is forecast to be cashflow positive in calendar year 2017
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