Well,
i finally found the guidance for the rest of the year.
very unconvincing really. End of the dec qrtly , a couple of lines that say, apart from cue operation management expects to meet or better gudance for rest of the year.
Guidance will 'probably ' be downgraded for cue this year i believe.
The thing that still worries me is the $ 18million cash burn in the dec qrt even though they poured 62,000+ ounces. ASIC looked ok but there was lots of extra start up / capex costs. Wonder how those costs are this qrt?
you would think that eventually if they keep pouring as much gold as they are doing , the cash balance might grow.
What's going on?, page-7
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