CMM capricorn metals ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

  1. 12,621 Posts.
    lightbulb Created with Sketch. 8318
    wow.
    That really did beat my expectations.
    Perhaps the lowest AISC for a W.A producer? (ignoring stocks with copper credits etc).
    Amazing.....

    Cash build impressive. Grade continuing to trend higher. Already hitting 120k p.a run rate.
    Plus, they continue to build up their stockpiles.

    Exploration seems to be seeing some success too.

    Guideance implying they are going to producer approx 60k for the next 2 quarter combined. Even if the AISC rises to approx $1150 an ounce. They are likely to be clearing almost $1300 an ounce. Close to $80m in free cashflow.
    i.e.... they are likely to be net cash by June 30! Bloody incredible. Wishing I owned more.
 
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Last
$9.06
Change
0.080(0.89%)
Mkt cap ! $3.906B
Open High Low Value Volume
$9.04 $9.21 $8.88 $10.78M 1.192M

Buyers (Bids)

No. Vol. Price($)
6 2142 $9.06
 

Sellers (Offers)

Price($) Vol. No.
$9.07 1160 1
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