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5.63%

33.5¢ vault minerals limited

Ann: King of the Hills set for stronger March Quarter, page-73

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Learner72

890 Posts.

46

25/02/23

08:01

Post #: 66459022
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Originally posted by JoeKing2: ↑

Learner72 can I suggest you look at the company's announcement of 24 Jan and in particular page 11. By my rough calculations, they're delivering about 25k ounzes per quarter into the hedgebook as it stands at 31/12/22 if deliveries are of a regular amount from then on. The average realised price is said to be AUD$2,420 so the balance of production would be sold at spot (currently around AUD $2,700 ish).

But their numbers have me a bit confused. The reckon deliveries under the hedges will be 35-40% of production but if this is to be the case, then annual production would need to be 250-285k ounzes.

I can't seem to recall any estimates of production this high. If managements forecasts are to be achieved, it implies improved grades processed or much higher plant throughput (or both).

Hope the first paragraph helps Learner72.

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thanks joe an yes very confusing to me also

RED Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 33.5¢		Change -0.020(5.63%)		Mkt cap ! $2.278B

Open	High	Low	Value	Volume
34.0¢	34.0¢	32.5¢	$6.865M	20.65M

Buyers (Bids)

No.	Vol.	Price($)
9	841251	33.0¢

Sellers (Offers)

Price($)	Vol.	No.
33.5¢	59997	1

View Market Depth

No.	Vol.	Price($)
8	749955	0.330
13	1474765	0.325
28	1551045	0.320
5	316391	0.315
13	364935	0.310

Price($)	Vol.	No.
0.335	59997	1
0.340	712153	12
0.345	601623	9
0.350	448287	7
0.355	118500	4

Last trade - 16.10pm 12/11/2024 (20 minute delay)

VAU (ASX) Chart

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