HGO hillgrove resources limited

Guess this upcoming quarterly profit, page-4

  1. 207 Posts.
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    It can be inferred that May was the first month of operational profit, April was not. Therefore, a breakeven point can be interpreted to be between 719 - 840mt Cu.

    You could run best-worst case ranges, but with April in deficit and production for June around ~200-300mt Cu above threshold, I'd say it's about 200mt - variable costs in the profit.
 
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