RE: It looks like31 Aug 2014 11:07
Good solid production figures for the whole quarter, giving for the first time a cash positive result. One things for sure, the market will like it and so do I.
This company has very good reserves, and its only the constant negativd cash flow which has been holding it back till now. We are already seeing initial results of the improving cash flow with lower loan interest rates and increased loan facility. Good to also note that as most of our base costs have veen factored in already like, finacial charges, site rent, auditors etc, the return on future investments will be a much higher percentage. The risk factor in investing in this stock has also taken a sizable reduction, but potential returns have not.
Well done Brad.