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Business Description: Ampella Mining Limited (AMX) is a near-term gold production and development company with gold assets in Burkina Faso, West Africa.
Strategy Analysis: AMX aims to become a gold producer after exploration of its assets in Burkina Faso.
Ampella Mining reported negative cash flow of $5.19m for the quarter ended 31 December 2012. Operating cash flow for the period was $(5.95m). Payments for exploration and evaluation were $(5.42m). Investing cash flow was $(4,000). Financing cash flow was $760,000. Cash in hand at the end of the quarter was $30.18m.
Handing over, what if you need someone else to make decisions for you? There are times in your life when you can't fulfil your financial obligations personally.
The Age 18/05/2013 |
As Australia's major retailers increase their online sales channels, pouring millions into their websites, they could face new competition from China's booming e-commerce industry.
The Age 18/05/2013 |
Most of those who take a political approach to the budget assume that if it's in deficit, the way you get it back to surplus is to cut government spending or, if you're a really bad person, increase taxes. They forget it's the budget itself that's supposed to do the heavy lifting.