KAU 3.33% 14.5¢ kaiser reef limited

Thanks bellcurve , good summary...."next quarter?"... I'm...

  1. 1,071 Posts.
    lightbulb Created with Sketch. 632
    Thanks bellcurve , good summary.

    ..."next quarter?"... I'm expecting improvement as they have mentioned processing at 9 g/t gold.

    The ounces , along with head grade recovered, have definitely been in decline over the past 4 quarterly reports as has the tonnes that have been processed, however the realised gold price (in brackets )has been increasing.

    Sept 23 - 2940oz ($2951) from about 12,000 tonnes processed. Head grade 7.83 g/t

    Dec 23 - 1746oz ($3,055) from about 9,000 tonnes. Head grade 6.2 g/t

    March 24 - 1597oz ($3,191) from about 7000 tonnes. Head grade 7.4 g/t

    June 24 - 1330oz ($3,539) from about 7700 tonnes. Head grade 5.4 g/t


    The improvements for this quarter will hopefully come from improved head grade and tonnage by adding ore from Dukes reef (15 g/t) to the low grade remnant ore (5.4 g/t)

    Hypothetical best case for Sept 24 quarter;
    10,000 tonnes processed at 9 g/t
    10,000 x 9 = 90000 g = 2903oz
    Multple by A$3750 = Revenue of $10.9M
    Costs probably about $6M

    According to a May podcast ( post no. 74764143) the real increase in revenue will happen in Jan/Feb 24, when the transformation from mining remnant ore to virgin ore will be completed.
    The Nova carrot -12,000 tonnes @ 25 g/t , and A$4,000 spot price. (Revenue for the quarter $37.8M...current Market Cap $33.73M)


    Back to reality - Risks
    * Seismic activity
    * Mine flooding
    * Bush fires
    * The elephant in the room - the dollar exchange rate.



    GLTA





 
watchlist Created with Sketch. Add KAU (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
-0.005(3.33%)
Mkt cap ! $30.66M
Open High Low Value Volume
14.5¢ 14.5¢ 14.5¢ $1.104K 7.612K

Buyers (Bids)

No. Vol. Price($)
1 17388 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 147478 2
View Market Depth
Last trade - 11.59am 10/09/2024 (20 minute delay) ?
KAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.