BRIEF-Magnetite Mines Says Co Expects To Continue To Have Negative Operating Cash Flows For Time Being

Reuters

_news_article_title_published May 03, 2019 10:47

BRIEF-Magnetite Mines Says Co Expects To Continue To Have Negative Operating Cash Flows For Time Being

May 3 (Reuters) - Magnetite Mines Ltd MGT.AX :

* MGT EXPECTS TO CONTINUE TO HAVE A NEGATIVE OPERATING CASH FLOWS FOR TIME BEING

* CO DOES NOT HAVE ANY MINING OPERATIONS AT THIS POINT IN TIME TO GENERATE POSITIVE CASH FLOW

* MGT EXPECTS TO BE ABLE TO CONTINUE ITS OPERATIONS AND MEET ITS BUSINESS OBJECTIVES

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_newTouch_News_Source: Reuters

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