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5.88% 5.4¢ warriedar resources limited

Ann: First Gold Pour at Second Fortune, page-31

  1. Bato
    199 Posts.
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    10/05/18
    00:14
    Post #: 32996329
    Looking at the quarterly they are estimating cash outflows of 7,145,000 for this quarter. The current gold price is 1761AUD.
    So we need 4057 ounces to break even. 13 weeks in the quarter so 312 per week. Once they start milling the higher grade ore next week we should be in the money. Fingers crossed they keep ticking along trouble free.
    AWV Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.4¢ 		Change
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2 500000 5.2¢
 

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5.4¢ 116666 2
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