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 A1M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
59.0¢ |
Change
-0.010(1.67%) |
Mkt cap ! $272.8M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 61.5¢ | 58.0¢ | $644.7K | 1.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 27571 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
59.0¢ |
Change
-0.010 ( 2.70 %) |
||||
| Open | High | Low | Volume | ||
| 61.0¢ | 61.0¢ | 58.0¢ | 530995 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| A1M (ASX) Chart |