They are confident of hitting mount cattlin contractual obligations and full year sales guidance of 140kt - 150kt.
Sales to date 37k t
therefore 103kt in H2 to hit low end of guidance.
Assuming:
45kt Q3
65kt Q4
@ USD$5,300 pt
$583m revenue
Note: Sept 21 quarter Mount Cattlin produced just shy of 68kt so it can be done at an average grading of 5.7%
Olaroz (assuming a simple repeat of previous corresponding period)
2,972 Q3
3,445 Q4
@ USD$53,000 pt
$340m revenue
X 66.66% share
$226m
AUD$1.173B revenue in the next 5 months. yep that is B for BILLION.
645m share on issue. That is a huge amount of revenue to slice up amongst not that many shares....
Naraha the wild card and could ramp up fast with solid contribution to revenue. Olaroz hitting name plate so highly likely sales will be much higher that previous corresponding period.
$12.61 yeahhhh righto, if you say so...
Sips tea
Did I mention the AUD $800m in the piggy bank??
Not advice