CRN guidance for Average Mining Costs Per Tonne Sold ($84.0/t - $87.0/t) for the year I believe is no chance of being achievable..I guess we will see in time.
How can you go from
Average mining costs for quarter 1 of $102/t
Average mining costs for quarter 2 of $92/t
Average mining costs for H1 obviously $97
Effectively means their mining costs forH2 they will have to achieve an average mining cost per tonne of $76 to get to the higher end of $87 guidance.
Quarterly mining costs per tonne = $102 + $92 + $76 + $76 = $346/4
Average mining costs for the year = $86.50p/t
I'm out at $1.67. Made a loss on the longer term investment but my trading on CRN over the last 2 months covered the loss. I'm happy.
I'll wait now to see outcome of BHP Blackwater mine acquisition and any dividends payable.
Good luck all.
Ann: Quarterly Activities Report, page-16
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
92.5¢ |
Change
0.010(1.09%) |
Mkt cap ! $1.550B | |||
| Open | High | Low | Value | Volume |
| 91.5¢ | 93.0¢ | 90.5¢ | $3.099M | 3.375M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11353 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 108199 | 16 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| CRN (ASX) Chart |