The receipts received are obviously dependent on how many ounces they choose to sell. Given the hedgebook is entering its final month they may opt to sell zero ounces some months and carry inventory forward. In my opinion it is a better measure of the business to track what profits are being implied, and not to necessarily worry about the cash flow. The profits are around $4m before tax at the moment.
I wouldn't go ahead and plonk in 2700 per month, stick with guidance.
The receipts received are obviously dependent on how many ounces...
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $101.4M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.9¢ | 2.7¢ | $44.32K | 1.610M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3424659 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 61777 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
2.7¢ |
Change
-0.001 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 2.8¢ | 2.8¢ | 2.7¢ | 472353 | ||
| Last updated 15.49pm 07/06/2024 ? | |||||
| BCN (ASX) Chart |