CAI 0.00% 11.5¢ calidus resources limited

I expect 15,000 ounces for Q3 FY24. Do you agree with the below...

  1. 73 Posts.
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    I expect 15,000 ounces for Q3 FY24. Do you agree with the below expectations for Q4 FY24?

    Cash inflow:

    Klondyke:
    510,000t x 0.85g/t Au x 95% recovery = 13,300 ounces

    Blue Bar:
    90,000t x 1.9g/t x 90% recovery = 5,000 ounces

    Total ounces: 18,300 ounces

    8,250 ounces sold at hedge price and 10,050 ounces sold at spot = average gold price $2,850

    Total cash inflow: $2,850 x 18,300 ounces = $52M

    Cash outflow:

    Operating expenses: $37M (costs savings in mining Klondyke offset by extracting Blue Bar)
    Debt obligations: $8M
    Other: $4M

    Total cash outflow: $49M




 
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