My own estimate for the March quarter is:
Ore milled c. 170kt (higher capacity since L8 upgrade but loss of a few days in Jan)
Head Grade c. 5.7g/t (slightly higher than Dec)
Recovery c. 93-94%
That computes to c. 28.5 - 29koz of production.
Cash costs remaining at c. US$380/oz sold.
So operational costs at c. US$11m.
Average PoG over quarter = US$1,220/oz
So Revenue at c. US$35.3m.
Therefore OPCF at c. US$24.3m
Then subtract investment outflows of:
- Exploration at c. US$2.9m
- Capital Works at c. US$3.1-3.5m (incl commencement of Service Shaft)
- Development at c. US$9.6-10m
- Corporate at c. US$1.7-2m
So a total of c. US$17-19m.
Therefore estimated Free Cash Flow of US$6-7m.
and cash on hand of c. US$20m.
AISC of c. US$977/sold oz.
But just a personal opinion of course.
CPDLC
- Forums
- ASX - By Stock
- X64
- MML - London Presentation report 16/4
MML - London Presentation report 16/4, page-22
-
- There are more pages in this discussion • 4 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 X64 (ASX) to my watchlist
|
|||||
Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
X64 (ASX) Chart |
Day chart unavailable