If they can keep producing (and sell unlike this quarter) 16000 ounces equiv at $US 1900 with cash costs of $US 731 per ounce, that is $18.7 million cash flow per quarter. In a full year that is $US75 million revenue. For a year you deduct depreciation of $15 million and admin etc of $12 million (doubling last half year) plus sustaining capital $8 million (using last quarter annualised). I assume Rawhide is breakeven.
Gives profit before tax of $US 40 million or $A56 million if prices and production are sustained for 4 quarters. If a PE of 3 and virtually no debt is boring I will take it.
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Last
5.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.90M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 17397 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 106986 | 3 |
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| Last trade - 16.21pm 01/08/2025 (20 minute delay) ? |
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