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clock Created with Sketch. 24/07/17
11:05
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Originally posted by Investing101
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Centennial mining (CTL) released an operational update last week that included producing 5000oz of gold (after forecasting 4500) resulting in 8.4 million in revenues and being cash flow positive. This follows on from the previous quater which produced 4600oz and 7.4 million in revenues and resulted in being cash flow positive also.
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I've bought and sold CTL before so am rather aware and am looking to buy back in. I am just curious as to the $6.5m of cash outflows expected for this quarter and how ultimately that will affect the Quarterly.
