CYL 0.68% $2.90 catalyst metals limited

Ann: Quarterly Activities Report, page-12

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  1. 201 Posts.
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    @Lorderyall I don't think the AISC is being overstated now because of capex (sustaining capital for the quarter was $165). So the AISC of $2300 is pretty much where it will be until we see increase in production from Plutonic East, Trident, Baltic extension etc, all of which will be online within the next 12 months. The additional 60koz on top of existing production will bring the AISC down to around $1400
    One thing to note though is that the average price sold was $3100 as they were still hampered by the old hedges that were in place. Those hedges have rolled off so CYL will now be getting an extra $500/oz on their sales. So an extra $14m/quarter cash on top of the $38m/quarter they were already making...

 
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