The mine has been running around A$65m of expenses a quarter and producing around 2,000t - so $65m/2,000t = A$32.5k/t.
Of this A$65m is around $20m of capital works. I would hope to see overall expenses drop to A$55m as capex unwinds and production lift to 2,500t as the higher grades feed through and they fix recoveries. $55m/2,500 = A$22k/t.
But as others have pointed out - the market now wants to see the production lift as it always seems to be coming but has yet to really materialised.
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Last
60.5¢ |
Change
0.005(0.83%) |
Mkt cap ! $536.2M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 61.0¢ | 59.8¢ | $1.067M | 1.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16800 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 13011 | 2 |
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| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| MLX (ASX) Chart |