"Can you name one gold company on the ASX that could withstand selling 70% of their output at the hedge price and using 20% of their revenue for debt payments without going broke?"
Sounds like a job for Capricorn.......
70% x 30k oz = 21k oz @ $2290 /oz hedge price = $48.09m
9k oz @ $3200 = $28.8m
Total sales revenue = $76.89m
30k oz x AISC = $1340 /oz = $40.2m
Plus debt hypothetical debt repayment 20% x $76.89m = $15.378m
Outgoings - $55.578m
Crude net profit = ~ $21m / per quarter
I remember the CAI DFS assumed an AISC of around $1350 /oz during construction
- Forums
- ASX - By Stock
- CAI
- Never saw the CR coming?
Never saw the CR coming?, page-25
-
-
- There are more pages in this discussion • 12 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 CAI (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable