CAPITAL MARKETS

Cash to flow from Phillips River

THE market has always favoured companies in production, and the recent selldown in resource stocks has only served to accentuate this point. This junior producer hopes to consolidate its switch from nickel to gold next year by commissioning a second producing mine. <b>By Chris Cann - <i>RESOURCESTOCKS*</i></b>

Chris Cann

Cash to flow from Phillips River

Companies like Perth-based Tectonic Resources, which can demonstrate a history of production and cash flow, therefore hold a significant advantage over their non-producing counterparts. Not that cash...

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