Your cash generation is way too high with an ASIC of $2,250 which is very close to the $2,245 in the December quarter plus your realised gold price is only $120 higher than the December quarter of $3,041 where the cash generated was $21m. Using December quarter as a base the additional cash generated with gold produced of 60,000 Oz is only $7m but your figures imply additional cash of $31m.
To achieve an ASIC of the mid-point of their FY guidance they need an ASIC close to $1,800 for the second half of FY24 as ASIC for the first 6 months was $2,085. If they do achieve an ASIC close to $1,850 then cash generation of $54m is reasonable.
WGX have expenses above ASIC unless you mean AIC of $2,250.
Ann: BMO Global Metals and Mining Presentation, page-28
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Last
$2.27 |
Change
-0.020(0.87%) |
Mkt cap ! $1.075B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.28 | $2.23 | $4.144M | 1.833M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 141947 | $2.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 86023 | 30 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$2.27 |
Change
-0.020 ( 1.03 %) |
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| Open | High | Low | Volume | ||
| $2.27 | $2.28 | $2.23 | 459386 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| WGX (ASX) Chart |