Low grade and cashflow issues hurt fledgling miner

THINGS have not gone to plan for the recently-floated Coolgardie Minerals, with the company being forced to go back to the funding well in the face of an underperforming orebody that has so far failed to deliver the grades it promised.

Low grade and cashflow issues hurt fledgling miner Low grade and cashflow issues hurt fledgling miner Low grade and cashflow issues hurt fledgling miner Low grade and cashflow issues hurt fledgling miner Low grade and cashflow issues hurt fledgling miner

SMS has scaled down its involvement at Geko.

Despite the talk as late as last month that the company, which completed its initial public offering in August, was looking to generate around A$25 million from its 70%-owned Geko open pit in Western

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