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Humphrey2017

396 Posts.

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26/03/18

18:21

Post #: 32035126
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Originally posted by U3962521 ↑

Hi Atlas thanks for updated table. So aisc is 1.5x cash costs. Is the 20% royalty in there?
Looks great, so just need to get to those quantities you mention in the table, hoping we can get 1000 oz or more in March
So looks like they may reach cash flow positive around the 3000 oz a month mark
Based on those numbers
I think the 1694 aud au price is reasonable, maybe a little high. If I look at the last quarterly results of hedging pricing achieved its in the 1650-1700 range.

Add to that the discovery costs. If they are spending 5 million on drilling and discovery you need to factor that in as additional monthly costs. If they spend that in one year that's 1.25 million in costs each year

Great table but, something to benchmark off to give an approx.

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Hi U396,
Can you and your mate 9xQ's ease up on the running critique of everyone elses posts and the minute by minute updates on the SP.... not sure if you realise how boring it is.... thank you.

OGX Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
27 Upvote

2 Great analysis

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