Produced 6300 ounces of gold, but only sold around 3300 ounces for $4,618,000.
So net operating cash flow would have been around $4.2m plus $1.725m being $5.925m---around 10c per share---not bad for 1 quarter.
Somebody please tell me that business is not worth $40m plus.
Look at my previous post for my thoughts on a $2 valuation
Awaiting the outcome or valuations from the proposed vend.
quarterly re affirms my valuation
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Mkt cap ! $117.1M | |||
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