Acquisition possibility was mentioned in last release and I must say the figures released seem strange to me. A great Quarterly production result 27,793 ozs at a presumed AISC of A$1,060 or less as production in December was approx. 9,700 ozs even higher than the rate for the previous 2 Months. That means with an average gold price of at least A$1,500 per oz. or even more, allowing for the advance sales there would be a profit of around A$12 Mil +. I know they talked about A$10 Mil Capital expenditure but I think some of that mentioned would be in the AISC. I just wonder if some of the unaccounted for A$2 Mil+ has gone towards an acqisition. Anyone any further ideas?
Acquisition speculation
-
- There are more pages in this discussion • 79 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.96 |
Change
0.075(3.98%) |
Mkt cap ! $2.240B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.92 | $38.99M | 19.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76412 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 265057 | 9 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |