C1+C2 (Aug and Sep) = $3.34 (precious metal credits unchanged???)
They are hedged at about $3.79 from memory. (Currently Cu is about $3.50 - so lucky)
So 45c per pound est profit.
3802 tonnes x 2240 = 8.5m x 0.45 = $3.8m profit for the quarter est. - Annualised $15m.
So with market cap at $91m, we are at about 6 times Kanmantoo earnings (excludes many costs obviously including Birds Head etc)
DYOR - but trend looking good to me. Hopefully they can increase the conc of Cu back to 26% or so and keep improving in other areas.
update on kanmantoo, page-2
Add HGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.0¢ |
Change
-0.001(1.41%) |
Mkt cap ! $146.6M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.1¢ | 7.0¢ | $94.32K | 1.344M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 442148 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.1¢ | 431118 | 4 |
View Market Depth
| Last trade - 11.57am 10/07/2024 (20 minute delay) ? |
| HGO (ASX) Chart |