If one were to extrapolate this quarter out well, there's $32m revenue per annum (which suggests 20,000 pa+ oz Au).
Once the capex spend settles, will be interesting to see what margins they can generate, especially given mining at Maldon should lower the overall company opex (nil trucking cost).
Not sure why they bother with an update 2 weeks before the quarterly, but heck, I enjoyed the read.
Hope the detail is equally positive!
CTL Price at posting:
1.6¢ Sentiment: None Disclosure: Held