Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: ..JJNICL has also provided $2.1 million of bridge loans to match receivables
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Feb 08, 2010 09:38AM

..JJNICL has also provided $2.1 million of bridge loans to match receivables

in response to by
posted on Feb 08, 2010 11:14AM

...having this slush fund to draw from while waiting for Xstratas payment will help the every day to day operations. I see this as a sign from our partners as knowing LBE is well on its way to becoming cash flow positive. I see with these mill upgrades allowing 1800 tns aday helping to raise our cash flow as LBE can opperate Tax free for the short term while proving up more resources through the drill will help keep LBE in the driver seat. Traps7


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