$10 margin should be conservative also, as you get the economies of scale benefits. The aim is to get towards a $15 margin.
I think we are looking at ~$7-$8 million of capex in the December quarter and then ~$3-4 million between March/June quarters. So we're looking at a 3-6 month period before we start seeing big free cash flow numbers IMO.
You can see the re-rate potential in this one. All about execution now.
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5
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Last
4.3¢ |
Change
0.002(4.88%) |
Mkt cap ! $250.1M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.1¢ | $868.5K | 20.96M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 227819 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.3¢ | 699999 | 2 |
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No. | Vol. | Price($) |
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3 | 227819 | 0.042 |
11 | 5823382 | 0.041 |
24 | 10906600 | 0.040 |
16 | 2839618 | 0.039 |
9 | 3217350 | 0.038 |
Price($) | Vol. | No. |
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0.043 | 699999 | 2 |
0.044 | 1885100 | 4 |
0.045 | 962555 | 4 |
0.046 | 1162633 | 5 |
0.047 | 882352 | 1 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
4.1¢ | 4.3¢ | 4.1¢ | 6955897 | ||
Last updated 15.52pm 13/05/2024 ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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