If you are talking about this quarter's AIC this was already posted here: "AISC of A$5.67/lb and AIC of A$5.96/lb (March 2024 Quarter: A$5.18/lb and A$5.49/lb respectively)were higher largely due to the drawdown of stockpiled ore and copper concentrates awaiting sale,which impacted both AISC and AIC by a combined $0.50/lb. With ore and concentrate stockpiles effectively eliminated at the end of the Quarter there will be minimal stockpile impact on costs into Q1or Q2 FY25." AIC guidance for FY25 is $5.50 ($3.69USD), so reasonable margin still depending on copper price.
If you are looking at cash: The mine generated $9.5AUD mil cashflow this quarter (1200% increase from previous quarter). We did spend $6.5mil on Jericho/exploration after that, but that was expected investment for growth and why they raised $57mil. Apart from the corporate cash outflow, the rest are things like working capital movements and interest (hopefully one offs, might need to wait for annual report to clarify)
A1M Price at posting:
35.8¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)