Headline statement that stunned the disbelieving market from todays MBN conference call was that the CFO verified that a US$100M cash at bank by 30 December 2015 was "in line " with his cashflow projections.
At US$3M to $7M cashbuild per month with 2000T of produced ni conc cash yet to arrive in Q2 from Q4 n Q1 production inventory sold n shipped of another est US$25M plus increased productionnfrom increasing sales on lowering costs = escalating cash at bank.
So, do you think the CFO n tomboy are right? Or wrong? What cash at bank do you project to dec 2016 with an MBN presentation est NP of 7.43uslb by dec 2015 and 11.50uslb by dec 2016. US$220M or less?
what is that cash worth to MC with no current debt, reducing capex and rising profit? Apple Inc trades at 5-1 cash to MC. MCR & AHZ at 3-1. Twitter at 60-1
Please read my prior post n explain why?
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