The forecast for the 2011 full year for Modder was as follows;
Cash Costs $417 Capex/Development $350
Total Costs $767
If you extrapolate out the numbers for the December Qtr, you get the following.
Cash Costs $467 Capex/Development $447
Total Costs $914
I believe it would be prudent to use this higher total cost figure if you are trying to forecast NPAT or Cashflow for the full year.
You then need to allow for Exploration costs (1.3m current quarter) Interest Costs (1.27m current quarter) and Corporate overheads (1.23 current quarter).
GDO Price at posting:
29.0¢ Sentiment: None Disclosure: Not Held
