RE: RBW in top 10 RE Producers.31 May 2019 15:44
the Company will swiftly move to develop mining operations at the Kiyenzi and Gomvyi Centre areas, as previously announced, and expects both areas to be in operation in the latter half of calendar 2019. A further new mining area is planned to be in operation in 2020, to replace Gasagwe which, as originally planned, is expected to reach the end of its life in the next 12 months and it is the Company's intention that a minimum of four pits are in operation continuously.
Cash flow breakeven on a monthly basis is therefore anticipated in the second half of the 2019-20 financial year following commencement and ramp up of production at the planned new sites.
There you go...