CVR cavalier resources limited

I'm scratching my head. At the highlighted DFS scenario of...

  1. 66 Posts.
    lightbulb Created with Sketch. 18
    I'm scratching my head. At the highlighted DFS scenario of $4,600 AUD per ounce, raptor don't make their money back? They essentially need gold price to be over $5,050ish AUD per ounce to make any $$$. Happy to be proved wrong or share my calcs.

    I know AUD ounce is $5,100 now so sure they're in the green but there isn't much wiggle room.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
32.0¢
Change
0.030(10.3%)
Mkt cap ! $18.50M
Open High Low Value Volume
30.0¢ 32.0¢ 30.0¢ $33.95K 109.6K

Buyers (Bids)

No. Vol. Price($)
1 12000 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 147111 5
View Market Depth
Last trade - 13.03pm 28/07/2025 (20 minute delay) ?
CVR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.