oops have to correct my numbers.... Hi The Mechanic A couple of...

oops have to correct my numbers....
Hi The Mechanic

A couple of points...
In the video of the presentation DR gave in Adelaide he said they are running the mill over capacity. He also said the Blue Bar will contribute 6500 oz this 1/4.

Based on that, these are the numbers I am getting with Klondyke grade running at 0.8g/t and Blue Bar at 1.9g/t.
For CAI to have achieved 5845 oz in March that is 188 oz/day. To achieve that on 0.8g/t grade they are running the mill 5% over nameplate = 314t/hour.

To produce 6500 oz from 1.9g/t ore it requires delivery of 1200t ore/day to the mill.

If they continue to run the mill at 5% over nameplate the numbers I get for the June 1/4 are.... 158 oz from Klondyke and 71 oz from Blue Bar = 229 oz/day

Currently (from the Dec 1/4ly) AISC guidance is $2100 - $2400 for H2 FY2024. Probably the March 1/4 was closer to the $2400 and this 1/4 will be down towards the $2100 AISC.

On those numbers 229 oz x 91 = 20,839 oz at spot (av $3500) = $29,174,600 operating profit for this 1/4.
On an annualised basis it is $116.5M/ year operating profit.
To get an actual bottom line profit which includes all outgoings $116.5M x 0.6 = $70M.
Apply a P/E of 5 gives a MC of $350M = 45.5 cent SP as fair value. That is the minimum base case (based on $3500 PoG)

None of the above includes the possible contribution of Nullagine oxide and excludes the projected guidance for AISC of $1989 for FY 2025.