As we get nearer the end of the quarter its getting easier to get a handle on average prices in $AU compared with the previous quarter.
ZINC is more or less the same and we are almost certainly going to sell less than the previous quarter which produced $13.8m , I'm putting ZINC revenue at $11.5m this quarter
LEAD : I have at $2.8m the same as the previous quarter.
COPPER: Has the most potential to gain from both price and production, I'm putting COPPER concentrate production the same as our record Sept quarter and adding 11% for pricing that put revenue at $ 14m up from $11.6 in the Dec quarter.
PRECIOUS METALS: They would benefit from any higher COPPER concentrate so are giving them $6m up from $ 4.3 last quarter.
So that makes it $34.3m my best current revenue estimate from Thalangs this quarter based on an all processed concentrate being sold basis .
That leaves Hillgrove and nothing has changed in my estimate of around $4m underlying revenue, some of that may fall into the next quarter.
That puts my current total underlying revenue of around $38m for the quarter so still in the $35-40m range, look forward to the production report to give us a bone to put some meat on...
Cheers Whisky
RVR Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
