Hello Kray and Skinnyman,
Please read the recent Activities Report --- 1.2 Pre Development Copper Production June Qtr. along with the Cash Flow Report and You will appreciate that my previous Posting here makes sense. The December 2007 Activities Report also clears up the picture of Cash flow from Copper Pre Development Production until June 2009 . ( Approx. 20,000 Tons of Ore Stockpiles @ 5% Cu = 1,000 Tons of Copper @ approx. $ 7,000 per Ton = $7,000,000 - Costs of Labour etc.. The latest Reports seem a little rushed to me and that is understandable given the fact the Mangement seem to have been very busy lately.
No responsibility taken for any losses in association with this Posting.
Regards,
moly
RBM
redbank mines limited
