The way I read it.... head grade is 0.79 g/t with a strip ratio of 4.1 so the grade of the ore is 3.24 g/t.
The updated AISC guidance to $1900 - $2100 is a 6% improvement which by my calcs should provide a head grade of 0.84g/t. (If the strip ratio drops to the forecast 3.3 the head grade is 0.98 g/t which brings the AISC down to the $1700 mark)
Guidance is 65,000 to 75,000 ozs FY2024. I think 70,000 ozs is a comfortable assumption and represents the base case.
Pirra IPO in a few months and things improve greatly if the Haoma stockpiles return an average JORC of 4g/t (which will substantially lower the AISC). Felix is early stage exploration and could surprise.
- Forums
- ASX - By Stock
- CAI
- Ann: Quarterly Activities Report and Quarterly Cashflow Report
Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-29
-
-
- There are more pages in this discussion • 19 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 CAI (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable