Tritton needs to pump out ~5500 Cu tons this Q at the current Cu price to break even. Thats <6% Cu tons increase from the last Q which isn't impossible if they get more tons out of Budgy and AT.
Cracow will divert its net earnings to the Tailings Dam build which will be ~80% ($15/$19m) paid for by end Jan'24. If the Gold Price goes up significantly, it wouldn't surprise me if they divest Cracow at a premium since it comes with the plant, 3 year Tailings Dam, and exploration upside.
Those funds can then be used to get the Constellation mine built which will be a better medium term prospect since they aiming for a >10Mt resource there.
Holding......hope.
Tritton needs to pump out ~5500 Cu tons this Q at the current Cu...
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $227.3M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 23.5¢ | $861.5K | 3.550M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75302 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 59166 | 3 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| AIS (ASX) Chart |