my own estimates are $15.4m operating cashflow.. close enough.
One point - They are writing off the underground development 100% via the AISC rather than via depreciation and amortisation - if I understand this right.
ALK's true AISC is lot lower.
This move allows them to use that same cash to cover some development costs for the following quarter - hence why I think they may not need to go into as much debt as many think.
Especially if gold tops $3950aud.
I doubt they will be allowed to put the highway cost on the AISC though.. there is no grade/ore in that material - unless ALK drills few shallow holes once the top cover is striped and show there is grade then it is mining operation and allowed to be part of the AISC. I doubt there is time for that but who knows.
my own estimates are $15.4m operating cashflow.. close enough....
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $255.4M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.3¢ | 42.0¢ | $195.3K | 454.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6340 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 42398 | 17 |
View Market Depth
| Last trade - 12.36pm 04/10/2024 (20 minute delay) ? |
| ALK (ASX) Chart |