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La Mancha Resources Inc LACHF



GREY:LACHF - Post by User

La Mancha Resources Inc > LMA.TO - The Numbers
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Comment by Framfondon Mar 08, 2009 7:12am
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Post# 15828881

RE: RE: RE: RE: RE: LMA.TO - The Numbers

RE: RE: RE: RE: RE: LMA.TO - The NumbersI forgot to mention one key detail why cash flow will be higher in 2009 than 2008. The USD strength towards other currencies last 6 months makes the cashcost in Australia and other countries dropping  maybe 30% in US currency.  The Q1-2009 numbers will be great in Australia having the costs in Aussi currency and being paid in US currency.

I believe it is possible they can reach their cashcost goal at 500USD/oz in average pretty easy, as long as they have no longer operational breakdowns.
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