CuDeco Limited Reports Consolidated Production Results for the Third Quarter and Cash Flows Results for the Third Quarter and Nine Months Ended March 31, 2017; Provides Cash Flow Guidance for the Fourth Quarter of 2017
For the nine months, the company reported net cash used in operating activities of AUD 4,594,000. Payments to acquire property, plant and equipment was AUD 11,983,000 a year ago.
For the quarter, the company reported total of 316,708 dry metric tonnes (DMT) of ore was processed with a head grade of 1.16% Cu.
For the fourth quarter of 2017, the company's total estimated cash outflows of AUD 82,092,000.