For this next quarterly, I expect 19,000 ounces produced at an AISC less than $2,000.
I do not expect significant cash build in the current quarter. In reference to the half year financial report, CAI's current liabilities were far in excess of their current assets. Any positive operating cashflow will be used to pay down their short-term financial obligations; namely their trade payables to MAH.
After strengthening their balance sheet in the current quarter, I expect CAI to be marginally free-cashflow positive in Q1,Q2 FY25 until Nullagine comes online.
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