FML 3.57% 14.5¢ focus minerals ltd

Ok, this info is all based on the outlook from the...

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    Ok, this info is all based on the outlook from the quarterly.

    330,000t of ore over the next 6-8 months from Tindals u/g @ 4.1g/t

    Let's say 8 months, therefore:
    330,000 x 3/8 = 124,000t @ 4.1g/t for next quarter
    = 508kg gold

    The Mount is expected to produce similar to December quarter, therefore (being conservative):
    40,000t @ 4g/t = 160kg gold

    124kt + 40kt = 164kt
    Total kt = 300
    so, 300 - 164 = 136kt from the open pits
    ie. 136kt x 2g/t = 276kg gold

    so, total gold = 944kg = 29.5koz x 95% recovery = 28koz from Coolgardie

    Laverton is said to produce similar to last quarter, so let's say 25koz to be conservative = 20.375koz attributable

    Total koz = 28 + 20.375 = 48.375koz
    Total income = 48.375 x $1600 per oz (if we're lucky) = $77.4m

    Outgoings are said to be 69.3m for the next quarter so there could be an approx 8.1m in free cashflow.

    I would add though that royalties were not mentioned in outflows for the next quarter, so maybe take off $3m to be safe. Still a $5 cash inflow would be a good result compared to previous quarters. No cash would need to be raised, which is a concern for many.
 
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