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GCY was a classic example - which was ignored by the punters...

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Undaunted

4,560 Posts.

869

15/02/23

10:44

Post #: 66256511
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Originally posted by bentleigh: ↑

I could not agree more. I have repeatedly written about the All in Costs , AIC, as opposed to the All in Sustaining Costs, AISC. In the case of NST the AIC were 23.8% higher than the AISC.

I am eagerly awaiting their figures in the next quarterly and keen to see just how much free cash flow they are generating. Also, I am very keen to see if the positions advertised are diminishing over time. Key roles have been advertised over the last 6-9 months and it appears by the job vacancies that few positions have been filled.

Buying in at 18 cents, being a great entry point??? Maybe, but then again someone recently said that there was a solid floor at 20 cents.

I also agree with the comment made that management ALWAYS reports problems after the event. Plant shutdown nwas to be for 72 hours which turned out to be for a week is one example.

Hope management can keep to their targets.

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GCY was a classic example - which was ignored by the punters despite my numerous reminders. They reported waste stripping separately from the AISC which made the operation look better than it actually was. RED hasn't provided any TMM figures in the announcement nor details on whether all TMM costs are accounted for in the forecast

RED Price at posting: 18.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 42.5¢		Change -0.025(5.56%)		Mkt cap ! $1.472B

Open	High	Low	Value	Volume
45.0¢	45.5¢	42.0¢	$6.190M	14.25M

Buyers (Bids)

No.	Vol.	Price($)
1	5000	42.5¢

Sellers (Offers)

Price($)	Vol.	No.
43.0¢	928284	14

View Market Depth

No.	Vol.	Price($)
1	5000	0.425
9	250677	0.420
13	829246	0.415
15	479393	0.410
7	513063	0.405

Price($)	Vol.	No.
0.430	907646	13
0.435	794472	12
0.440	247671	7
0.445	116096	2
0.450	305727	4

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last 42.0¢			Change -0.025 ( 4.18 %)
Open	High		Low	Volume
45.0¢	45.0¢		42.0¢	9437235
Last updated 15.59pm 03/06/2024 ?

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