We weren't running to a grade per run but rather a pit originally designed and costed on a $ gold price which was to make profit at $2600/oz I believe.Read the feasibility study.
So conservatively I have used $2k/oz as a base cost on planned ounces to start with and it comes down to how many EXTRA ounces they get.
They have since said they expect to mill more ore than originally planned so reconciliation is obviously better than their conservative estimates as has been the case in the past and with lower grade ore worth sending away to mill as well no doubt a bonus to be had as well.
All wait and see but expect more gold than planned overall for the above reasons and more cash just due to the Gold price being currently $1100 bucks better per ounce.
EV well what would it normally cost shareholders in lost EV to raise $10-15 million dollars to start digging a pit with 400koz in it next year.With a tenement and no processing plant and dreams of mining and building all of that at risk to shareholders
I only see a rising EV from here with ready cash to do just that.
DYOR + DYODD it is rather rewarding
- Forums
- ASX - By Stock
- AWJ
- Ann: NWR Perth Presentation
Ann: NWR Perth Presentation, page-49
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AWJ (ASX) to my watchlist
|
|||||
Last
28.5¢ |
Change
0.005(1.79%) |
Mkt cap ! $42.33M |
Open | High | Low | Value | Volume |
28.5¢ | 28.5¢ | 28.0¢ | $36.16K | 128.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43100 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 34482 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43100 | 0.280 |
2 | 8614 | 0.275 |
4 | 74511 | 0.270 |
5 | 170094 | 0.265 |
5 | 66718 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 34482 | 1 |
0.290 | 7289 | 1 |
0.295 | 79151 | 2 |
0.300 | 31050 | 2 |
0.305 | 308585 | 2 |
Last trade - 14.46pm 11/09/2024 (20 minute delay) ? |
Featured News
AWJ (ASX) Chart |