No one is going to have that information. G6M are the opposite of transparent so it is a wait and see game.
One could run off the known information which is:
192,000 MTU for the first 6 years. We have to assume they will announce first concentrate which hasn't happened yet but for the sake of a calculation lets assume G6M will have 5ish weeks or 10% of annual production this quarter. 10% of 192k mtu is 19.2k MTU. G6M have stated it will take 3+ months to reach nameplate capacity so lets guess we are running at 25% capacity while all of the teething occurs over this 5 weeks. That will put it at around 5kmtu for this quarter.
They say costs are $246 per MTU and they will receive $392 per MTU sold. 5000 x (392 - 246)=$730,000 in profit for this quarter based on the above.
This is all napkin calculations and IMO there is no way they will be making any profit this quarter. If I had to guess id be saying cost per MTU on 5000 MTUs will be over $1000 per MTU for this quarter. If you calculate on a 1000/mtu cost basis its a 3mil loss.
- Forums
- ASX - By Stock
- G6M
- Ann: Investor Presentation- Equity Raising May 2023
Ann: Investor Presentation- Equity Raising May 2023, page-13
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add G6M (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
-0.002(6.00%) |
Mkt cap ! $23.59M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.3¢ | $13.28K | 554.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1106419 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 450000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1106419 | 0.023 |
4 | 2398177 | 0.022 |
1 | 47615 | 0.021 |
6 | 189995 | 0.020 |
1 | 90000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 450000 | 2 |
0.028 | 576871 | 2 |
0.029 | 34515 | 1 |
0.030 | 294711 | 5 |
0.032 | 203000 | 3 |
Last trade - 13.46pm 13/09/2024 (20 minute delay) ? |
Featured News
G6M (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online