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Greenfields Uranium Focus
CASHFLOW was up on a stronger nickel price but mine and mill production dropped in Western Area’s September quarter as expected lower grades from the “mature” Flying Fox mine came into play.
Grades were down but wildflowers in the Flying Fox region were blooming in the September quarter
The reported cashflow of A$31.1 million was 30% stronger quarter on quarter, and came on the back of Western Areas receiving an extra $1.41 per pound for the 8.
Production down as miner takes advantage of higher metal pricing
West Africa an improved opportunity
West Africa an improved opportunity
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