I would expect Cash flow to be positive after June when the new ball mill will be installed and we see an expected corresponding increase in silver production.
Apart from additional income, this will also have a number of beneficial finacial impacts including providing an opportunity to renegotiate debt if necessary.
Not all bad. This is one for the patient investor and these reasons are why Management beleive corrective actions already underway will provide positive cash flow in the future.
CCU Price at posting:
29.6¢ Sentiment: Buy Disclosure: Held