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Yeah I just think most of that 15m quoted as free cash flow will...

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Mencel_as_anything

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06/04/24

12:43

Post #: 73219424
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Originally posted by Happ: ↑

I think they reached break even on variable costs basis in early December 2023. See graphs in the presentation by CEO at the time.

The recent December 2023 half-yearly muddied that view a bit because it included all the early low volume production from July-October 2023.

I estimate the variable costs are already around $180 per tonne, if not less. The AISC (which includes corporate overheads) is way higher around $200-210 per tonne. Both will decrease as production will increase almost threefold this year.

We'll get an update through the quarterly and a separate update

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Yeah I just think most of that 15m quoted as free cash flow will come from the last 6 months. i suspect commodities will rise and should add to our bottom dollar as rates get cut later in the year too. Be interested to get an update on the microbial product, LFP opportunity and potential acquisitions

CXM Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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Last 3.1¢		Change -0.001(3.13%)		Mkt cap ! $26.85M

Open	High	Low	Value	Volume
3.2¢	3.4¢	3.1¢	$25.54K	811.8K

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No.	Vol.	Price($)
2	59483	3.1¢

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Price($)	Vol.	No.
3.2¢	50234	1

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No.	Vol.	Price($)
2	59483	0.031
5	738421	0.030
1	110000	0.029
2	440595	0.028
1	134000	0.026

Price($)	Vol.	No.
0.032	50234	1
0.034	130000	1
0.035	3000	1
0.036	290000	1
0.040	356689	4

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Yeah I just think most of that 15m quoted as free cash flow will...

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Yeah I just think most of that 15m quoted as free cash flow will...

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