Very good Weissman.
I still think Lens 6 is pretty key for the June quarter. At 3.1% Cu and .8 Au that is going to be extremely profitable ore to extract.
Going back the last 3 quarters we have sourced between 25 - 40% from the 'Deeps'.(next door to Lens 6) This current quarter we are due 11% from Lens 6.
If in the June quarter we could get 25 - 40% from Lens 6 this would be pretty material when last quarter we were averaging 1.8 - 2% Cu overall.
I think 40% from Lens 6 is unlikely, perhaps 20 - 30% (?). 40% would equate to an extra $8-12m profit in a single quarter. Any which way these numbers should make debt funding easier to source, and cheaper.
Very good Weissman.I still think Lens 6 is pretty key for the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
33.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $189.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5882 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 43998 | 2 |
View Market Depth
| Last trade - 16.14pm 20/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |
Day chart unavailable