Comparable to NST shedding $10 free cash a share.
That is after a cash retention to start mining again next year for 12 months for at least the same income again.
Add the next pit at Munda with a 4yr life and 10x the current expected return at $2600/oz
Gold just clicked over $3k and no hedging.
The best part of 3.6koz yet to be sold if not more.
I reckon directors still can't buy as they know actual total costs breakdown,more accurate likely yield in Oz to be had ,and the market doesn't.
Budget 155kt for 7600oz at $2600 for $4m
Yield 180kt for 9600oz est.$2900 plus = ??????
Auric set to run, page-3
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Last
23.0¢ |
Change
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Mkt cap ! $34.16M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.0¢ | $40.65K | 172.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43450 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 5550 | 1 |
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