As the total production in march was 575t and Feb appears to be about half of this. It may be safe to say that the current run rate is higher already (to obtain an average 575t for the month). Given they expect to get to 916.66t/month in this quarter. It would appear that the 750t/month neutral cash flow level is not too far off.
Profit would then be around 160t X $22 us per month? I think phase 2 ramp up needs to occur ASAP.
As the total production in march was 575t and Feb appears to be...
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$7.88 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |