I am reading the Key Assumptions on Page 41:
2014 POG US$1,300, Probable reserves 820,000, Production capacity for next 5 years 120k.
2015 POG US$1,200, Probable reserves 590,000, Production capacity for next 5 years 135-150k.
And these changes are leading to the impairment charge. To me if they mine quicker because of increased capacity that's a good thing.
Indeed on page 42 they give a sensitivity analysis of the impairment charges:
Column 1 Column 2 0 Assumption change Effect on Impairment of Co-O CGU $’000 1 US $100 per ounce change in gold price 54,200 2 1 percent increase/decrease in the discount rate 4,780 3 5 percent increase in operating costs 36,700
- Forums
- ASX - By Stock
- Ann: Full Year Results 2015
I am reading the Key Assumptions on Page 41: 2014 POG US$1,300,...
-
- There are more pages in this discussion • 109 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add X64 (ASX) to my watchlist
(20min delay)
|
|||||
Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
X64 (ASX) Chart |
Day chart unavailable
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online