I have only had a quick look but about half of the $38Mil EBITDA ended up in the bottom line as cash in bank was $49Mil,
so $72.5Mil last quater - $40Mil purchase = $32.5Mil & now $49.8Mil, so approx $17.3Mil profit to bottom line.
Total cash costs of sales of $812/oz is what I LIKE very much as Alacer was above $1000/oz from what I could work out. This makes the gold division a very cheap producer if they can keep this up. This was my issue with the gold purchase was that $1000/oz was not a great story BUT $812/oz IS a GREAT story.
It looks good to me but I would be interested in someone elses take on these figures.
MLX Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)