Australia's largest stock trading and investment forum Australia's #1 stock forum

X64 ten sixty four limited

0.00%

57.0¢

Ann: FY2022 Production and Cost Guidance, page-3

First 3 Last

Share
Profile

Follow
scrat212

849 Posts.

30

24/08/21

19:40

Post #: 55539214
Share

Originally posted by groundhog2: ↑

Just a few rough calculations.....assuming that the gold price hovers around $1800US an ounce and ASIC of $1300US an ounce and production of 90,000 ounces - Medusa will generate a profit of $45M (approx). Taking away the cost of the decline for the year ($15MUS) will leave Medusa with a cash profit after costs of approx $30M US. Nice tidy profit going forward. It must be remembered that Medusa is debt free and unhedged. With the Iron ore price in decline I am assuming that the $Aus will depreciate as well. DYOR

Expand

Hopefully they can see it in their hearts to throw a few cents dividend our way.

MML Price at posting: 79.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

ASE

Astute delivers high-grade lithium hits at Red Mountain

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Most investors will get this earnings season wrong. Will you?

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

First 3 Last

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.

Ann: FY2022 Production and Cost Guidance, page-3

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Astute delivers high-grade lithium hits at Red Mountain

St George banks $5M from placement to ramp up Araxá Rare Earths Project

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Most investors will get this earnings season wrong. Will you?

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Featured News