CMM 0.77% $6.45 capricorn metals ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

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  1. 12,101 Posts.
    lightbulb Created with Sketch. 6909
    While it's a great report, the reality is that even CMM is finally starting to be affected by the inflation seen throughout the rest of the sector.
    With AISC potentially up 10-15% depending on how much gold they produce.

    https://hotcopper.com.au/data/attachments/5462/5462632-1bd48e6692cbdb92c7fca9cd23fc21b6.jpg
    Plus, the first half looks to be where the lowpoint will be for FY24.

    https://hotcopper.com.au/data/attachments/5462/5462647-d747075b944a30afbeb4d5be8af7201c.jpg

    Still very impressed with their hedging deal and put options. Why the likes of RRL never did anything like this astounds me. It has literally cost them $100s of million of dollars in lost revenue.
 
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