GTM greentech minerals ltd - tba

re: gtm -about to recover I must be missing something.This from...

Currently unlisted. Proposed listing date: TBA
  1. 3,321 Posts.
    lightbulb Created with Sketch. 17
    re: gtm -about to recover I must be missing something.

    This from the first half (which was a very good one with all those cheap Malbec ounces)

    Sales revenue 20,776,163
    Other revenue from ordinary activties 185,258
    Total revenue from ordinary activites 20,961,421
    Cost of sales
    - Operating costs (15,058,073)
    - Change in inventory 4,525,605
    - Royalties (767,915)
    - Depreciation (1,421,396)
    - Amortisation (8,878,298)
    - Provision for rehabiliation (185,018)
    Total cost of sales (21,785,095)
    Gross loss (823,674)


    Thats without exploration write off, hedging losses etc which put them down by $5M.

    Do you expect 40k oz this half?

    I would guess 30k might be a stretch.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.