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2.2¢ austral gold limited

The shutdown was announced in the quarterly P.3

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Bugwan64

792 Posts.

143

27/08/21

09:54

Post #: 55616163
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Originally posted by edshann: ↑

An accounting loss and we are told for the first time that Amancaya shutdown for 12 days in June!!!

Production halved and all in sustaining costs doubled!! No wonder the share price has fallen, as some people clearly knew.

There is really no commentary on the future, or how the mine went in July and August.

However, they have maintained guidance:

"Production guidance for 2021 for the Guanaco and Amancaya Mine complex remained in the range of 45,000-50,000 gold-equivalent ounces
with C1 and AISC in the range of US$850 to US$950 and US$1,050 to US$1,150 per GEO, respectively."

As we produced only 13035 gold oz equivalent in 1H at C1 $US 1280 and all in cost of $US 2011 that implies a very good second half. However, some evidence from the first 2 months would have been reassuring.

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The shutdown was announced in the quarterly P.3

AGD Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.2¢		Change -0.002(8.33%)		Mkt cap ! $13.47M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.2¢	$1.587K	72.14K

Buyers (Bids)

No.	Vol.	Price($)
1	18336	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	76801	2

View Market Depth

No.	Vol.	Price($)
1	18336	0.018
3	731312	0.016
1	33333	0.015
1	214350	0.014
3	1800000	0.013

Price($)	Vol.	No.
0.027	76801	2
0.030	50000	1
0.036	182471	1
0.040	99962	1
0.042	100000	1

Last trade - 12.20pm 01/11/2024 (20 minute delay)

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