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Thursday, 14 March 2013
Sacre-Coeur Minerals targets $40mln a year cash flow
Gregory Sparks, President and Chief Executive of Sacre-Coeur Minerals (CVE:SCM), reveals how early production has allowed the company to finance growth in Guyana using debt. He also tells Proactive Investors that the latest project might be modest, but the new, low-cost mine could throw off around US$40mln in cash a year. Not bad for a junior.