I am looking at the average price of sales per ounce for Red 5.
Our latest announcement for March 1/4 shows sales at:
Taken from the March 2024 1/4ly report.
Operational Update KOTH produced 50,132 ounces in the March 2024 Quarter (December 2023 Quarter: 53,018 ounces) from 1.13Mt of ore processed at an average head grade of 1.49g/t and a gold recovery of 92.3%.
Gold sales totalled 49,726 ounces in the Quarter at an average realised price of A$2,719 / oz.
The new realised price is beginning to offset the hedging price as overall output volume is stable.
Taken from the December 2023 1/4ly report.
Gold sales were 53,087 ounces for the December Quarter (September Quarter: 54,383 ounces), at an average realised price of A$2,619 per ounce (September Quarter: A$2,609 per ounce)
1/4ly sales from December 2023 to March 2024 had increased by $100.00 per ounce.
Future Gold price from March 2024 1/4 has gold spot price increasing and holding. Gold sale price per ounce could continue to increase thus offsetting some of the Hedging loss.
P.S please remember there is not a gold miner out there does not have some form of hedging.
Let us look forward to a strong sound and stable gold price. Gold is our product and the day to day running costs are established.
Looking forward Red 5 is in a sound financial position and there is nothing but growth on the horizon.
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $2.550B |
Open | High | Low | Value | Volume |
39.0¢ | 39.8¢ | 36.8¢ | $13.81M | 36.61M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2044679 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 571259 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 60778 | 0.375 |
19 | 498783 | 0.370 |
20 | 490018 | 0.365 |
27 | 977354 | 0.360 |
13 | 617290 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 541140 | 5 |
0.385 | 286370 | 8 |
0.390 | 409462 | 7 |
0.395 | 420773 | 8 |
0.400 | 464714 | 11 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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