TSXV:AUN.H - Post by User
Post by
zzthnxon Oct 24, 2007 7:38pm
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Post# 13683626
Question about cash flow
Question about cash flowGuys, I'd appreciate if anyone has any input on this. When we discuss AUN's forward cash flow and throw around numbers like $20 mil., $30 mil., etc., are we not forgetting about the various expenses that AUN will need to spend some of that cash flow on, such as the drilling programs at La Negra and Rosario, refurbishing the mill at Rosario, etc. Also, if the decision is made to increase the mill throughput at La Negra to 2,000 TPD, that in itself will eat up 6 months worth of cash flow according to the recent update. Are we not getting a little ahead of ourselves by projecting those kinds of net earnings?