if they make it until next year.
$59,000,000 receipts ÷ 35,000 oz = $1,685.00 per oz
AISC for March quarter $1,488.00
Guidance for June upper range 38,000 oz @ $1,550.00 AISC mid range = $58,900,000
$350 margin = $13,300,000
Cash Outflows June - $89,000,000
Product Receipts - $72,200,000
Negative - $16,800,000
The negative 13 million estimate was a generous underestimation, it's much worse than that IMO.
DYOR
There's good reason to be selling this junk before you can't recoup any value. TH and suspension may not be far off now previous holders were given the opportunity to exit.
Very dangerous to HOLD this one overnight IMO.
GLTAH
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