RBM redbank mines limited

quaterly, page-15

  1. 7,295 Posts.

    Hello Kray and all Readers,

    Well, I've had a closer look at the Cashflow and Production Details here.
    Now that $160,000 for Copper Sales in the Cashflow Report would be for 30 tons of Copper which was produced during the March 2008 Qtr.,( 30 Tons x approx. $6,000 per Ton ) and RBM is awaiting the receipt of Cash for the 90 tons of Copper produced during the June Qtr.(90 Tons x approx. $6,500 = $585,000 ) therefore there is NO problem here with the likelyhood of increased Copper Production during the forthcoming Sept. 2008 Qtr.. Yep, I've bought back in after panic Selling at approx. .032 Cents.
    It's all a bit like a game of Chess to me.

    No responsibility taken for any losses in association with this Posting.

    Regards,

    moly
 
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