Not that good.
Cash from sale of gold was $18.6M
And expenses for production,exploration,development and administration was $28.7M.
A loss of $10.1M for the quarter. The sale of gidgee has kept them alive. Capital raising paid for GUPS and a few other things.
I'm still trying to work out how they get a cash operating cost of $1044 per ounce of gold sold.
I can also see why Apex are in peace negotions with Atlas Copco sounds like their fleet of machinery is on its last legs, plus the $6M they are seeking in compensation.
- Forums
- ASX - By Stock
- quarterly out
Not that good.Cash from sale of gold was $18.6M And expenses for...
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)