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clock Created with Sketch. 26/07/19
21:05
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Originally posted by Rick19:
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Yep, thats one of my main concerns too. Lets assume we achieve upper end (or best case) production guidance of 40kt in Q3, its based off an allocated $42M in forcasted production costs. That's over $1,000per tonne cost of production. Last qtr we achieved a selling price of $1078AUD so just covering costs once royalty taken out etc...
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I think the market is 'bothered' about the cash position given A40's financiers moved forward the $15m debt covenant. What triggered that change in terms?
