No surprises in the accounts really - this will likely always be a loss maker in the first half as they only start work in April (although that may change in future).
The main game is still the Sept quarter results and posting a solid margin on higher production. As per my previous posts, its looks like 2.2m will be the final number bar any weather / equipment issues, so approx $30m EBITDA at their $15 margin (hopefully a surprise on the upside though).
Debt costs will fall in the second half as well as they pay down a good portion of their borrowings. Simon mentions strong prices and cashflow a few times so really looking forward to that report in October.
No surprises in the accounts really - this will likely always be...
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $238.2M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 4.0¢ | $54.99K | 1.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1825568 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 2735633 | 6 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| MMI (ASX) Chart |