AR1 0.00% 16.0¢ austral resources australia ltd

Ann: Austral Production at 33.5 tonnes per day, page-29

  1. 334 Posts.
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    @LD99 now we know are are are a 3rd grade Stock broker or a failed accountant (looking at the P&L) to ascertain Austral monthly operating cost'. Please refine from making false statement here.

    You are adding COGS of $41.6m + Expenses which include D&A total $43m = to get $84m. You also clearly haven't ran a proper business or a mining company before so you do not understand invoice issued today might not be due and payable until 60 to 90 days so build up payables.

    Austral started mining January 2021 Thiess Capitalised their cost (as Pre-strip was 6 months to get to the ore = Austral raised $21m from Glencore + $17m to pay some of that) between Jan 22 and June 2022 = it was capitalised cost.

    Now if you want to say you are right which are a absolutely = not even funny you should note that your $84m +44m were incurred in 12 months so monthly should be $10.6m. = you know i didn't even back out the receivables.

    We know you are wrong because the cost to make a Tonne of Copper from Mt Clarke (Austral Processing Facility) is $8.9m per months. You find that in the cashflow statements because this is more relevant.

    We found you comment on 53 Companies from January 11th 2023 = You clearly benefit from falsified statement you make to spook unsophisticated folks.
 
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