all over red rover, page-7

Below is what I can deduce their outlook is based on the quaterleys and their website. These are approximations and I welcome feedback if people think I have made eroneus assumptions. Now why would any bank lend a company 80 million dollars when their outlook at todays price for their product leaves them with negative cashflow.

Am I missing something?


Production 65,000T 143,000,000 l/b
@ 1.40/lb
Total Revenue $200,200,000

Production Costs @ $1/lb $143,000,000 Guidance from Q3
Admin Costs 15,000,000 Guess
Sustaining Capex 5,000,000 Guess
Interset 15,535,000 US310.7M @ 5%(not sure on actual rate)
Principal Repayments 44,385,715 Presumed an average 7 year tearm for the debt
Total Outgoings 222,920,715

Annual cash flow -$22,720,715 @1.40 copper



1.50 Copper -8.5M Annual Cashflow
1.40 Copper -22.7M Annual Cashflow
1.30 Copper -37M Annual Cashflow
1.20 Copper -51M Annual Cashflow