AUZ 0.00% 0.9¢ australian mines limited

profit/ cash flow

  1. 22,480 Posts.
    lightbulb Created with Sketch. 816
    seeing nobody else has posted profit figures ill give it a go. please correct it where necessary.

    March production 5000 tonnes
    Grade say 3 % (reserves 140000 tonnes at 3%)
    Costs $2.44 per pound ($5500 per tonne)
    Nickle A$18000 per tonne

    Cash = 5000 x .03 x (18000 - 5500) = $2,000,000 for march

    Please correct me, if nobody can i may buy some more
 
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