I think we should be looking at 10% rate- a saving of 5% would give us an additional $9m per annum on Top of quarterly EBITDA of $7M going forward (based in 50MT per quarter). That would leave us with 30-40m per annum in free cash flow, allowing us to facilitate a gradual expansion through stage 2 and further derisking projects through economies of scale.
I think it may be coupled with ShanShan taking up capital, and possibly a prepayment for stage 2 and then we are in stage 2 production territory again with significantly more exploration land acquired from SYA. I like the way management roll here. They are no dosers. let's wait and see what they get. Good luck everyone
- Forums
- ASX - By Stock
- Ann: Trading Halt
I think we should be looking at 10% rate- a saving of 5% would...
-
-
- There are more pages in this discussion • 167 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1MC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
121 | 181496973 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 20055545 | 43 |
Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |
Day chart unavailable