Andrew Bell, chairman of PLC (), is hopeful that the mineral exploration and production company will be ”showing appreciable positive cash flows” by the end of 2016.
Bell tells Proactive that if everything goes to plan at Shoats Creek, Red Rock will also “be self-generating in terms of investment”.
He adds that the bright economic outlook is because the company has reduced running costs “to an absolute minimum”, whilst at the same time, there are “different sources of income coming in, none of which existed a year or two years ago”.
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