As we get nearer the end of the quarter its getting easier to get a handle on average prices in $AU compared with the previous quarter.
ZINC is more or less the same and we are almost certainly going to sell less than the previous quarter which produced $13.8m , I'm putting ZINC revenue at $11.5m this quarter
LEAD : I have at $2.8m the same as the previous quarter.
COPPER: Has the most potential to gain from both price and production, I'm putting COPPER concentrate production the same as our record Sept quarter and adding 11% for pricing that put revenue at $ 14m up from $11.6 in the Dec quarter.
PRECIOUS METALS: They would benefit from any higher COPPER concentrate so are giving them $6m up from $ 4.3 last quarter.
So that makes it $34.3m my best current revenue estimate from Thalangs this quarter based on an all processed concentrate being sold basis .
That leaves Hillgrove and nothing has changed in my estimate of around $4m underlying revenue, some of that may fall into the next quarter.
That puts my current total underlying revenue of around $38m for the quarter so still in the $35-40m range, look forward to the production report to give us a bone to put some meat on...
Cheers Whisky
- Forums
- ASX - By Stock
- RVR
- Ann: Thalanga Gold Drilling Program Underway
Ann: Thalanga Gold Drilling Program Underway, page-45
-
- There are more pages in this discussion • 7 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
Add RVR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online