AXM 0.00% 1.1¢ apex minerals nl

production on target now, page-31

  1. 1,350 Posts.
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    I don't argue that they have met production targets...1 tick for that.
    But I find it very odd that they can't include costs....every other goldie does!

    (eg. AXM is pleased to announce 30k ounces at a cash cost of xxx.)

    I admit i skimmed thru the report a bit....i was looking for that crucial bit of information....and as usual it was missing.

    It makes me very suspicious that they never mention actual costs....is it really too early to figure out what the production cost is?
    pretty much all other costs except exploration i would have thought....can't be that hard to ascertain.

    What I don't want is to buy in and then find that the profit margin is barely enough to cover the entire running of the operation....isn't that what happened with SBM lately?

    perhaps the next report will satisfy my queries....
 
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