Quarterly parameters for cashflow break-even:
Assumed cash outflows: $50mill
Processing rate: 15% above nameplate (2.76Mtpa)
Recovery rate: 95%
Selling price: $2,600
Grade: 0.92g/t
Recovered ounces: 19,400
Bear in mind, our cash outflows are expected to decrease in Q3 and our plant has the ability to operate at 20% above nameplate.
Having read the Blue Bar and Bamboo Creek releases, we are reliant on the Bulletin open pit to start generating FCF with little expenditure. Awaiting the resource estimate.
Quarterly parameters for cashflow break-even:Assumed cash...
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