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Thoughts from the AGM, page-11

  1. bobadah
    10,319 Posts.
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    28/11/14
    14:00
    Post #: 14372439
    "providing at best up to $10m/yr revenue"
    This is in regard to the magnetite operation. The question I asked Paul was what his expectation of the "net cash flow" for the magnetite operation would be, and after rambling through a few figures on his feet I was pretty sure he arrived at a result of 'about $10 million pa and hopefully more' - but I am pretty sure it was NET cash flow, not just revenue.

    Also, thanks bigads for your nice concise summary.
    TNG Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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