AUQ alara resources limited

Ann: Increased Copper Concentrate Output at Wash-Hi Majaza Plant, page-7

  1. 35,649 Posts.
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    "Around $3.3 million AUD in sales every two weeks or $85.8 million per year.
    This announcement hasn't appeared in my ComSec feed for some reason.
    That probably explains why the share price hasn't skyrocketed yet."

    Yes I bought a few , some good underlying fundamentals for this ie strip ratio 5.2:1 diesel costs only around US 70 cents a liter , reasonable grade recoveries improving closer to the 92% forecast , is the major 51% partner in the project . Do not know labour cost expect it is low per person

    Can they get to their forecast US$31.2 a tonne OPEX ?
    1mtpa on that would be $31.2M
    1mtpa at say 0.8% Cu eq recovered would be 8000 tonnes Au at $US 9000 a tonne would be revenue $72M
    less 31M would be $41M after C1 costs

    Still need to get the concentrate up to the forecast 24.6% Cu to reduce transport costs down to $4 a tonne , and the high debt of around $70M is a bit of a killer otherwise would have bought more .
    Also trucking water (1200 tonnes a day , guessing 70kms distance and around guessing $10 a tonne , instead of using a pipeline must be hurting OPEX
    Last edited by plough: 28/10/24
 
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