So this is how it is reported now? No wonder HR got his bonus...
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Queensland Mining Corporation Reports Positive Cash Flow of $417,000 for the September 2011 Quarter
Queensland Mining Corporation reported positive cash flow of $417,000 for quarter ended 30 September 2011. Operating cash flow for the period was $(2.58m). Payments for exploration and evaluation were $(2.12m). Investing cash flow was $(2,000). Financing cash flow was $3m. Cash in hand at the end of the quarter was $1.41m.
Source: Morningstar
AUSTRALIAN COMPANY NEWS BITES SOURCED FROM INFORMATION LODGED WITH THE AUSTRALIAN STOCK EXCHANGE
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Perhaps someone should have mentioned the $3,000,0000 loan they needed to acheive this?
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