Australia's largest stock trading and investment forum Australia's #1 stock forum

CTL

Click for more information

0.00%

0.9¢ cleantech lithium plc

Absolute Bargain, page-121

First 121 Last

Share
Profile

Follow
hjp1173

63 Posts.

21/03/18

21:05

Post #: 31931419
Share

Originally posted by MinerTrader ↑

The $7.9 Million will be linked to non fixed variables. I.e Labour, Drill Bits, Explosives, Diesel, Trucking the ore, Additives for processing. The higher grade wont necessarily correlate to reduced costs.

So (5181 * 1700) - 7900000 = 900 000. This is not a bad effort and much better then expected however I think around the $1 million mark is more realistic.

This would put costs at 7900000/5181 = 1519. Note this isn't the aisc as it includes things like development which can be written off as capital.

Any which way you split it though, this thing is undervalued. I'd be super happy if the number realeased in 5 weeks time is closer to yours then mine but hopefully we get some updates between now and then and the grade continues on the expected trajectory.

Expand

I think you may have your numbers slightly wrong. Assuming a quarter is 13 weeks (52/4), and lets just say a conservative average of 500oz a week, 500*13 = 6500 oz/quarter. 6500*$1700 = $11050000. $11050000 - $7900000 = $3.15million. And that is being conservative. Please let me know if i am wrong (i probably am).

CTL Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

OJC

SPC to merge with Original Juice Co and Nature One Dairy

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 43 more messages in this thread...

First 121 Last

Add CTL (ASX) to my watchlist