Again thank you Sjlasx .
I truly appreciate the assistance with my (sadly) often smudged, attempts at ‘painting by numbers’
I’ve asked that the erroneous post be removed, so -in case it’s of value to anyone - here is a lift from it reminding of details in the September quarterly including something about production costs and a December outlook :
(I left out the confusing bit)
Cheers
... “During the September 2019 quarter, half-yearly interest totalling $15.9 million was paid to the Company’s debt providers, with the next half yearly interest payment being due in February 2020. Altura notes that its existing debt facility is due for repayment in August 2020 and is working with its advisors Azure Capital to complete its facility refinancing.
Operating cash costs reduced to US$365 wmt (FOB), compared with US$392 wmt in the preceding three months to June. The lower unit production cost was a function of higher production, as strong cost controls saw underlying aggregate costs remaining stable. Operating cash costs include mining, processing, transport, port and site based general and administration costs, but excludes royalty.
December Quarter Outlook
The September quarter has confirmed the operational ability to deliver results in line with guidance in both production output and operational cost.
The December 2019 quarter production is expected to be in the range of 53,000 – 57,000 wmt as operational improvement initiatives are continued to be rolled out.
December quarter product sales are expected to be in the range of 50,000 – 55,000 dmt on the basis of vessels arriving and loading on schedule.
Operating cash costs are expected to remain in line with the previous H2 2019 guidance of US$350 to US$380 wmt...”
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