G79 0.00% 2.7¢ goldoz limited

Value, Grade and size of inventory, page-57

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    Highly speculative figures without basis, Below is from CJ discussion
    at RRS Conferece Sydney.

    Plant is already paid for and burn rate will be less than 1.7 – 1.8
    a quarter.for this quarter More like 1.5-1.6 a quarter from now on.
    as per written notes below.
    The rest is pure supposition until we get facts.

    What is the expected burn rate of cash?
    • 1.7 - 1.8 million this quarter​
    • (implied that burn rate is getting lower)​
        • with increased throughput, achieving much greater efficiencies​
        • devaluing of Mozambique currency against AUD​
        • cost-base is very low​
      • plant has already been purchased and is running on site​
 
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