“The project is on track to achieve an operating profit of approximately US$20 million in 2016. Surplus cash flow after financing and overhead costs is being applied to debt reduction…..”
In my opinion this should yield about US$13 – 14m in free cash for the year, depending on the POG.
Todays figures would suggest that Gold Equivalent of around 13,000oz could be achieved this quarter compared to 12,169oz for March qtr IMO. Thoughput has jumped considerably in April but hopefully it can be sustained at or near this level which is slightly above forecast.
“The project is on track to achieve an operating profit of...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $5.567M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $19.61K | 5.404M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 58100281 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5120114 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AAU (ASX) Chart |