North American Palladium Ltd. (fka PALDF)

[geophyte]

cha-ching
Quote:
The Company expects cash flows from operations to be sufficient to support the Company’s normal operating requirements, including capital expenditures and debt service payments, for the next 12 months.
I would like to see the assumptions behind this quote. It is easy to say, but for that to work they will need about US$940/oz in Pd price using the spreadsheet I made and inputting their guidance numbers. If a by-product metal price goes up, that helps as well. As with most "Forward looking statement" protected proclamations, there is no backup information behind this statement.