Time for (another) quiet roughy.
161.5M shares and just A$0.2M cash, but at 4c and possible 50kpa heap leach operation looking more interesting at +US$1000/oz, could see a sustained trend change (see chart) as investors and hopefully financiers warm up to some of the lessor known projects.
Heavy discount for inactivity/waiting for approvals and higher prices, and also the Peru factor, maybe starting to change here.
Cut from last qtr report;
The financial modeling has been based on the following parameters:
• Heap leach operation
• Treatment rate of 3,000 tonnes per day (1.06 million tones per annum)
• Mine Life of 6 years
• Diluted head grade of 1.6 g/t gold and 7g/t silver
• Gold recoveries of 80%, silver recoveries of 40%
• Annual Production rate of 43,000 ozs gold and 92,000 ozs silver
• Waste to Ore ratio of 1:1
• Capex of $US30 million (includes a 25% contingency) and a company owned plant and mining fleet
• Based on this modeling and a gold price of $US625/oz the Paron project has
an IRR of 35% and will return an estimated EBITDA of around $US13.2
million ($A20 Million) on an annual basis for 6 years.
• Attached is a table showing the IRR and NPV of the project at various gold prices
- Forums
- ASX - By Stock
- chart
Time for (another) quiet roughy. 161.5M shares and just A$0.2M...
-
-
- There are more pages in this discussion • 7 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 LAT (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $14.26M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.0¢ | $3.957K | 37.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 60435 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 37260 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 60435 | 0.100 |
1 | 6500 | 0.090 |
1 | 12207 | 0.081 |
1 | 37045 | 0.080 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 37260 | 1 |
0.120 | 17582 | 1 |
0.125 | 3150 | 1 |
0.130 | 60058 | 5 |
0.135 | 50000 | 1 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
Featured News
LAT (ASX) Chart |