”Barely covering operating costs”? Darlot pumped out 123k tonnes of ore in the Q (14k oz gold) for about A$22 mil in Q3 cash. Development costs were bugger all. Exploration costs were A$462k. Most of the ore coming from bulk stoping high grade ore at Oval West. The remaining air leg high grade ore coming from near surface Pederson. Management have got Darlot humming like a bee hive. KOTH will follow this Q with minimal development costs and bulk stoping and “truck to Darlot” policy in full swing. If they can meet guidance ASIC should plummet. Will be plenty of surplus cash.
As for Siana, the comment about Philippine mining policy means that it will probably remain on C&M until 2022.
”Barely covering operating costs”? Darlot pumped out 123k tonnes...
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $2.448B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.8¢ | 36.0¢ | $9.825M | 26.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1862724 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 2312588 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |