Pleasingly production at Cracow improved during the 4th qtr. Cracow produced 20237,18011,15548 and then 19889 in this final qtr for a total of 73685 ozs of gold for the year. I'm not sure if the there was any impediments with flooding that saturated a large part of southern Qld late in the qtr.
Anyway as m'nut says working out AISC, which is done on gold sales, not gold produced is problematic. Nevertheless here's a go.
For the first three qtrs Cracow produced 53796 ozs and sold 54782 ozs. It would be safe to assume that in the long term ozs produced = ozs sold. So if we take 12months as long term, in the 4q we produced 19889 but sold 18093. On these figures the AISC for this qtr comes in at A$1269/oz. If they sold all 19889 ozs that bring the AISC down to $1206, by my calculations. Either ways I'm assuming the AISC to be less than $1300. If that is the case with increasing production and the corresponding drop in AISC, Cracow may have more to offer in the short/medium term.
Of course, with the Delta variant spreading worldwide, a correction, or at least prelude to a correction could cause all stocks to take a bit of a hit so for this reason I temporarily drop my sentiment to hold in the short term.
kg
- Forums
- ASX - By Stock
- AIS
- Ann: AERIS MEETS GUIDANCE TO CAP OFF TRANSFORMATIONAL YEAR
Ann: AERIS MEETS GUIDANCE TO CAP OFF TRANSFORMATIONAL YEAR, page-21
-
- There are more pages in this discussion • 3 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 AIS (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
-0.020(10.0%) |
Mkt cap ! $174.1M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 17.5¢ | $871.9K | 4.785M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 258558 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 291872 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 258558 | 0.180 |
13 | 471481 | 0.175 |
12 | 671487 | 0.170 |
1 | 260000 | 0.165 |
7 | 311608 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 291872 | 7 |
0.190 | 110000 | 1 |
0.195 | 245198 | 5 |
0.200 | 324420 | 9 |
0.205 | 20000 | 1 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
AIS (ASX) Chart |