January 30 2013 saw the December 2012 quarter reported .If that...

January 30 2013 saw the December 2012 quarter reported .

If that is an indicator then the quarterly for Oct 1 to Dec 31 2013 could be reported as early as the next 4 trading days

For the correpsonding period in 2012 we saw the following key numbers in the result :

Alreco’s total cash receipts for the quarter were $911,000 .

The quarterly cash operating result for Alreco was a loss of $865,000.

Approximately 3,400 tonnes of material was received during the quarter and approximately 4,900 tonnes of material was processed. ( A Positive reduction in stockpile )

Total stockpile of materials at the Moolap plant and stored on Alcoa’s landfill site (unprocessed and partly processed) was 23,590 tonnes at end December 2012.

Cash on hand at end December 2012 was $4.14 million.


Important indicators to know in this quarterly in my view are

1. What is the revenue by line item ( Al 80 revenue received and on what volumes of sale , processing/tolling fees , Sales revenue received and like Al 80 in what volumes )

2. Was the business cash Positive or Negative in this quarter and what is expected in the April to June 30 quarter .

3. Wat is the Current Stockpile compared to PCP

4. What was the level of Material received / and processed for quarter ( Is there stable inflow and an increase in processing occuring ? )

5. Is the cash in bank at end of quarter enough to avoid a capital raise before the June 30 audit ?


My guess is that the quarterly will show revenues of around $1.2m ,and a cash shortfall of between 100k to $250k .

If this is the case , it would show an improvement on the previous period of $600k , showing that the closure of all mining assets and stemming most of the US operations spending has stemmed the losses .

Will also be interesting to see if within the commentary the company does disclose it is looking for other areas to expand in to as I suspect it will have to to justify the current market cap of $8m whlst losing money .