Reading between the lines:
Cash margin of at least 23% or $115 per tonne (Cash receipts less production).
Cash margin likely at least $200 per tonne (Based on comment in the report that mining and crushing was majority of production cost AND they mined for the next quarter as well coming from a low base)
Transport costs - significantly reduced based on their comments about composition of production costs and the agreement they signed.
They have started funding stage 1.5 themselves (0.5mln) They probably would not want to say they could do it themselves as to not jeopardise NAIF application.
Next quarter on these numbers looks like cash operating profit of $9mln (45kt x at least $200pt). Annually, $36mln. That's before stage 1.5 or further cost improvements
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-11
-
- There are more pages in this discussion • 76 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $32.91M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $16.11K | 427.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 104423 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 479081 | 2 |
View Market Depth
| Last trade - 15.39pm 27/09/2024 (20 minute delay) ? |
| CXM (ASX) Chart |