The following are my calculations only
Gold retained in mill as estimated 1800-2000 ounces, I am splitting it down the middle and using 1900 ounces.
If that 1900 ounces had been sold at the average price attained during the last quarter 1900x $2622 = $ 4,981800, so that would have taken the total sales to $ 11,273800, a record quarter for revenue. If you add the 1900 ounces retained in the mill to the ounces sold then the total ounces produced for the quarter would have been 2391+1900= 4291 ounces, another record.
ASIC reported at $ 2885 per ounce, if you add the 1900 ounces retained , and don’t add anything in regards to mine operating costs, which is probably not quite right, but the gold has been mined and milled, so I presume that it only has to be poured, then you get the following.
Mine Operating Costs $ 6,892000/4291 ounces = ASIC $ 1606, which is an increase on last quarter of $ 273 per ounce.
The other increases in expenditure for the December quarter, compared to the September quarter are as follows
Production Costs + 1,134112
Staff Costs + 1,020000
Property/Plant + 858000
Cash balance ending December quarter $ 3,190000, if you add in the 1900 ounces of gold retained in the mill at the average price achieved during the quarter of $2622 per ounce, and don’t attribute any further costs in regards to the retained gold, then the cash balance would be $ 3,190000+ $ 4,981800 = $ 8,171800, which would have been an actual increase in cash, from the previous quarter balance of $ 7,442000 which would be a increase of $ 729800.
These are just my way of looking at it, happy to be corrected, if I have made any obvious mistakes.
- Forums
- ASX - By Stock
- KAU
- Ann: Quarterly Activities and Cashflow Reports
Ann: Quarterly Activities and Cashflow Reports, page-7
-
- There are more pages in this discussion • 24 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 KAU (ASX) to my watchlist
|
|||||
Last
17.0¢ |
Change
0.015(9.68%) |
Mkt cap ! $29.07M |
Open | High | Low | Value | Volume |
16.0¢ | 17.0¢ | 16.0¢ | $32.2K | 199.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 67036 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 155184 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 67036 | 0.165 |
3 | 150000 | 0.150 |
2 | 80000 | 0.145 |
2 | 156800 | 0.140 |
1 | 3254 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 155184 | 3 |
0.175 | 3500 | 1 |
0.190 | 144750 | 2 |
0.200 | 34175 | 3 |
0.205 | 200000 | 1 |
Last trade - 14.52pm 28/06/2024 (20 minute delay) ? |
Featured News
KAU (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online