hey oz hope you are well,
hedges are ~12-13k oz p.qtr so at 16k for the last qtr we did sell a nice chunk at spot.
having said that if you think we will continue at this current production level, then this thing is a drifter for the time being and your theory of questionable investment is valid
i think differently, I expect ~18k oz for June qtr and steadily climbing from there.
More oz produced has a higher % improvement to profit and cash flow than others (admittedly off a low base). More income to start, that income at a higher price, whilst aisc decreases due to volume.
- Forums
- ASX - By Stock
- CAI
- Ann: March Quarterly Production Report
Ann: March Quarterly Production Report, page-54
-
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAI (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable