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BRIEF-Centennial Mining Ltd responds to ASX query

Published 23/02/2017, 05:58 pm
© Reuters.  BRIEF-Centennial Mining Ltd responds to ASX query
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Feb 23 (Reuters) - Centennial Mining Ltd CTL.AX :

* Refers to letter dated 17 Feb 2017 regarding co's appendix 5b for period ended 31 Dec 2016, released to ASX on 31 Jan 2017

* Anticipates operations will be self-funded as mining and processing operations reach full commercial scale

* Forecast production for March 2017 quarter will increase to +4,000 ounces of gold generating Circa $7 million

* Company's operational cashflow is forecast to be cashflow positive in calendar year 2017 Source text for Eikon: Further company coverage: CTL.AX

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