Production cost are dropping by $3m in the next quarter from $7.5 to $4.5m. Staff costs are predicted top drop fro $1.8 to 1.5m - forecast cash costs for the next quarter are predicted to be $6.880m as opposed to $9.155m for last quarter (not the $7.5m mentioned previously as that was only production costs) - which to me is a 33% reduction in costs for the quarter
If they produce at the rate of December - 1,700 oz over 2/3 of the month (mining ceased on 20th) , so possibly 2200 oz per month, then that is a prediction of 6,600 oz for the March quarter (43% better than last quarter) at at least $2331 per oz (6% better than average for last quarter of $2,190)
To me a 43% increase in production against a 33% decrease in cash costs would lead to a fairly significant drop in the AISC.
Correct me if I have misread the report
- Forums
- ASX - By Stock
- BCN
- Ann: Quarterly Activities and Cashflow Report
Ann: Quarterly Activities and Cashflow Report, page-87
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
New gold and silver soil anomalies uncovered at Black Range, strengthening exploration potential
LU7
The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour
Add BCN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.3¢ |
Change
0.001(2.27%) |
Mkt cap ! $84.52M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.3¢ | $10.09K | 448.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3515885 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 694120 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 3515885 | 0.022 |
11 | 2474353 | 0.021 |
5 | 3591841 | 0.020 |
2 | 46368 | 0.019 |
2 | 188000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 694120 | 4 |
0.024 | 2196666 | 6 |
0.025 | 1441945 | 3 |
0.026 | 2657608 | 5 |
0.027 | 83333 | 1 |
Last trade - 14.08pm 10/10/2024 (20 minute delay) ? |
Featured News
BCN (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online