The unknown is actual cash costs. We know the forecast range is $520-570 as chuk has pointed out (need to add royalties etc)
I think if they can come in around $700/oz total that would be an outstanding result given the cost blowouts other goldies are experiencing
Conservatively, say $800/oz margin on 30koz = $24m free cash flow. On 33koz = $26m free cash flow. Expecting the actual figure to be somewhere inbetween. Revenue for the quarter to be in the range of $46-51m
This is SLR's quarter to really start shining amongst their peers. The transitional hard yards have been done. SLR has developed to the point where the differentiation will become clear for even the blind sheep in the market to see
Should get the quarterly by Friday at the latest. Trust Les will deliver record on record
Great news at Hollandaire today with the grade and width increasing at depth
And development at the Murchison is humming along nicely. Camp fully operational with mining to commence this quarter
No debt no hedging the upside awaits
Cheers
SLR Price at posting:
$2.61 Sentiment: Buy Disclosure: Held
