MC Mining Limited Announces Consolidated Earnings Results for the Quarter and Six Months Ended December 31, 2017; Announces Cash Outflows Guidance for Third Quarter Fiscal 2018
For the six months, the company's net cash used in operating activities was $5,210,000. Payments to acquire property, plant and equipment was $481,000.
For the third quarter, the company expects cash outflows of $11,714,000. Exploration and evaluation of $2,236,000.