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Alias Born 07/11/2014

Re: None

Sunday, 01/25/2015 11:00:07 AM

Sunday, January 25, 2015 11:00:07 AM

Post# of 63744
After calculation, Q4 2014 will have 16-18M cash flow from operation.

38,236 OZ x $1206/OZ = $46.11 M

$600/OZ gold margin (refer to Q3), cash would be ~$23M

net General & administration (3,128 based on Q3), Interest and bank expenses (2,530 based on Q3)

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