CAI 8.70% 10.5¢ calidus resources limited

Can someone please check my numbers (Back of envelope)Lower...

  1. 124 Posts.
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    Can someone please check my numbers (Back of envelope)

    Lower guidance
    12.9million towards debt and interest (@9%, 30 month)
    11,000oz hedged at 2375$aud
    Cost at 2150/oz
    Production 15000oz
    Cost of production 32.25million
    Revenue hedged oz 26.125millio
    Revenue outside hedge: 11million, @2700aud/oz
    Total revenue 36.12miillon
    Free cash flow 4million
    Loss of 8millon /qtr after debt repayment

    Upper guidance
    12.9million towards debt and interest
    11,000oz hedged at 2375$aud
    Cost at 2000/oz
    Production 18000oz
    Cost of production 36million
    Revenue hedged oz 26.125million
    Revenue outside hedge: 18.9million, @2700aud/oz
    Total revenue 45.025miillon
    Free cash flow 9.02million
    Loss of 4millon /qtr after debt repayment

    The cost/oz must come down with the lower production throughput the complete lack of margin on the hedge f*s the show.

    Very disappointing that we have been communicating 15% to 20% cost inflation not 50%, understand some of this is driven by change in production profile.
 
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