X hits on this document

45 views

0 shares

0 downloads

0 comments

18 / 24

Financial Accomplishments

  • Earnings of $10.8 million on Revenues of $31 million and mine earnings of $17.8

million

$0.09 basic EPS (9 months ended April 30th

, unaudited)

  • Positive cash flow of $3.2 million after debt service and CAPEX. (9 months ended

April 30th)

  • Repayment of Investec loan one year early (January, 2012)

  • Repurchase of final 10,885 gold ounces due under the forward sales agreements to

January 2013 in May, 2012 at $1,562 /oz

  • Production of 29,500 EqOz (from Mine operations) over past 5 quarters, or approx.

1,967 oz per month at an average operating cost of under US$ 650 EqOz.

17

Document info
Document views45
Page views45
Page last viewedMon Dec 05 03:09:07 UTC 2016
Pages24
Paragraphs221
Words2493

Comments