AWJ 3.39% 28.5¢ auric mining limited

Everyone is looking at the positives.While NOT negative, now...

  1. 2,375 Posts.
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    Everyone is looking at the positives.

    While NOT negative, now talk of hoping they process over 130kt rather than the full 150kt due to weather and power issues.
    So another minimum 1koz plus from an extra 18kt plus yet to be counted thru the mill.
    The rest will up the last run total from 100kt to nearer 130kt at probably higher gold prices.

    As per the deal with BML costs will be deducted from cash flow so although this MAY delay the full cash sum to be received from this run as over 152kt is now on the ROM pad and rising, we will have ore on the Rom to process with mining and trucking ALREADY paid for at today's costs,not those of tomorrow.

    Neither here or there unless you are desperate for the cash tied up and to pay tax on any profits in this half.

    The last run will be the BIG payout as those costs will already be covered, just as MUNDA is planned to hit it's strides investment wise and that cash is needed.

    DYOR + DYODD I would guess that was already been factored in for staged payments for Munda extra tenement/ore access.

 
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