GREY:AVGCF - Post by User
Post by
art27on Aug 26, 2010 8:15am
527 Views
Post# 17384982
Sounds good
Sounds goodCash flow is positive and this is what matters the most right now.
Lower than expected cash cost per oz. Lets hope they can keep it below $600/oz
I didn't like the large compensation but overall this looks like a solid growth story to me.
Operating cash flow before the working capital adjustment for the secondquarter ended June 30, 2010 was $6.7 million. Net working capital as at June 30, 2010 was $39.9 million (includingcash and cash equivalents of $ 31.2 million).