Encouragingly, with hedging about to expire, copper broke through $ us 3.15 = $ au 3.99 today.
Guidance C1 costs are $au 2.33 to $au 2,73. which includes about 50c of already spent deferred mining and pre strip.
At these prices we are looking at a cash surplus of between $2 and $1.60 after royalties.
That adds to a lot of $s on 130 million pounds which hopefully is only the beginning.
Should swamp the current market cap, debt and other negative working capital of less than $100m
copper price
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.1¢ |
Change
-0.002(3.77%) |
Mkt cap ! $106.8M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 5.0¢ | $166.9K | 3.269M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1006410 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 66577 | 3 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| HGO (ASX) Chart |