AXM apex minerals nl
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Given that target production to be around 120,000 OZ p.a, then...

  1. oppietrader
    5,378 Posts.
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    05/03/09
    14:17
    Post #: 4869742


    Given that target production to be around 120,000 OZ p.a, then we have:
    1/ 75k at hedged price of $AUD1140/OZ
    2/ 45k at spot price of AUD1400/OZ

    Cash cost maybe $700.

    Then margin probably around $550 or an EBITDA of $66mln.

    Medium term: 200k OZ.
    Long term: 500k OZ.

    Plenty of room to grow....
    AXM Price at posting: 27.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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