Post by
oilsyd on Aug 13, 2020 4:44pm
Cashflow
14 US cents a share in the quarter but they were selling gold at $1630. I am looking for cashflow to increase in the next quarter by 30 - 35% based on current gold prices.
Cheers
Oilsyd
Comment by
Chris007 on Aug 13, 2020 5:05pm
Definitely impressive results. I guess thats the beauty of having basically no debt, growing production numbers and an increasing commodity price. YOY, comparing Q2 2020 ($23,169,000) with Q2 2019 (9,765,000), Cash flow from operations is up 137%....very impressive indeed.