Yes well spotted Ktrianta and I agree with your figures. The March figures also include the $15m subscribed by Barrick. I believe Barrick want them to spend some of that cash on a major sulphide hole.
In relation to the difference in cash holding some may have gone to complete the aerial rope conveyor, however I suspect most would have gone to reduce bank debt. No point holding too much cash and paying out interest on the other side. Hopefully gold sales are funding the costs of the operation now.
Price down in UK overnight, so probably more of the same on Monday.
I am sure most of the top 20 will be kept informed as I am sure they would demand it. ALD would not want to upset them.
Von.
suppression of mining stocks to acquire later, page-14
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