Previously I have stated (1/7) that the All in sustaining costs (AISC) (aka cash costs) was:
* $42.94/lb in Dec 2014 quarter
* $37.52/lb in March 2015 quarter
* $34.12/lb estimate for June 2015 quarter.
With today's announcement of another $33m reduction in cash costs and production volume of 5m would be around a $6/lb reduction in costs.
We could see AISC costs of below $30/lb.
On these improving fundamentals, and evidence in that fact that % shorts has risen from 4.5% to 6.3% over the month of July, it is evident that this stock is getting played.
Previously I have stated (1/7) that the All in sustaining costs...
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$11.78 |
Change
-0.270(2.24%) |
Mkt cap ! $3.521B | |||
| Open | High | Low | Value | Volume |
| $12.12 | $12.15 | $11.61 | $30.42M | 2.582M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12279 | $11.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.79 | 5000 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |