MCT

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0.2¢ metalicity limited

Good stuff mate thanks. When people knock Jason for having...

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Goldhawk11

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396

23/07/20

22:34

Post #: 46049089
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Originally posted by kellbys: ↑

Heres a look at the last 20 yr history of the Gold price in Australian dollars and you can clearly see why investors are now piling into Australian Gold miners and explorers like MCT.

"The average All-in Sustaining Cost (AISC) for Australia and New Zealand was A$1,255/oz, which is up 7.3% (A$85/oz) on the previous quarter average AISC of A$1,170/oz."

"AISCs are the costs attributed to production at operating mines, and they are an important focus in gauging a project’s commercial viability. It is important to note, that they don’t include the costs such as building a plant and establishing the infrastructure required to bring a mine into production, commonly referred to as upfront capital expenditure (CAPEX).
AISC is a similar measure to what you might find in anything from manufacturing to retail, only in other sectors acronyms such as CODB (cost of doing business) and COGS (cost of goods sold) are applied.Because the mining industry is subject to unpredictable and uncontrollable commodity price movements, AISC’s costs are what some mines live and die by."

"The interesting aspect of the AISC metric is the number of factors that feed into the final figure, and similar to any other sector costs, they can vary from month to month and year to year.In the case of gold stocks, better grades usually translate into lower cost mines.
Open cut mines are normally cheaper to operate than underground mines."

https://finfeed.com/investor-101/australias-gold-mines-by-production-grades-and-costs-part-1/

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Good stuff mate thanks. When people knock Jason for having headline grabbers such as 'spectacular' and 'outstanding' he's referring to more than just the grade, but also the depth, thickness, strike length and what that means for AISC. That and the fact that if you've ever spoken to him or heard him interviewed you know that he's just a genuinely exciteable bloke

MCT Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $8.972M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.1¢	$14.49K	7.258M

Buyers (Bids)

No.	Vol.	Price($)
59	146419981	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	946106	1

View Market Depth

No.	Vol.	Price($)
57	139419981	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	946106	1
0.003	80295582	55
0.004	13890286	10
0.005	7823264	10
0.006	19020175	14

Last trade - 15.01pm 28/06/2024 (20 minute delay)

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Good stuff mate thanks. When people knock Jason for having...

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