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
29.0¢
Change
0.050(20.8%)
Mkt cap ! $16.77M
Open High Low Value Volume
24.0¢ 29.5¢ 23.5¢ $41.82K 149.5K

Buyers (Bids)

No. Vol. Price($)
1 18800 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 8000 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
CVR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.