Tritton needs to pump out ~5500 Cu tons this Q at the current Cu price to break even. Thats <6% Cu tons increase from the last Q which isn't impossible if they get more tons out of Budgy and AT.
Cracow will divert its net earnings to the Tailings Dam build which will be ~80% ($15/$19m) paid for by end Jan'24. If the Gold Price goes up significantly, it wouldn't surprise me if they divest Cracow at a premium since it comes with the plant, 3 year Tailings Dam, and exploration upside.
Those funds can then be used to get the Constellation mine built which will be a better medium term prospect since they aiming for a >10Mt resource there.
Holding......hope.
Ann: AVOCA TANK MINERAL RESOURCE UPDATE, page-53
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