Quarterly projection, page-49

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FiveCent

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23/04/25

10:48

Post #: 78773525
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Originally posted by Greenflint: ↑

Here are the calculations on why I think the June production is likely to fall within the 69-73Koz range. Lots of variables and therefore I wouldn't stake any bet on it. This is just a mental exercise and not to be taken seriousy.

Gold produced from purchased ores = (500,000/15*3+400,000/18*3)*3.2*0.93/31.1=15.9Koz (3.2 ore grade, 0.93 Recovery, 31.1 gram to troy oz)
March qtr production from Genesis-mined ores = 54Koz
Total expected gold production for June qtr = 15.9+54Koz = 69.9Koz

Uncertainties:
1) Purchased ores grade may be lower. Negative
2) There was 11,000 tons of purchased ores already being paid and therefore assumed to be in GMD stockpile. Combined with average delivery rate, there will be more better quality (relative to GMD stockpiled ores of 0.5g/t at Laverton) ores being processed. Positive
3) Dec qtr (2024) production report mentioned better quality ores will be produced in June qtr than Mar qtr i.e. Leonoro will produce more gold. Positive
4) 48hr power loss at Leonoro for Mar qtr and therefore expect more production days for Jun qtr. Positive

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Great buying opp today Greenie.

I am always ready to buy the dip.

Easy money when it comes to GMD imo.

Looking forward to the June Qtrly.

GMD Price at posting: $4.05 Sentiment: Buy Disclosure: Held
6 Upvote

1 Great analysis

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(20min delay)
Last $4.47		Change 0.035(0.79%)		Mkt cap ! $5.047B

Open	High	Low	Value	Volume
$4.52	$4.52	$4.31	$5.843M	1.318M

Buyers (Bids)

No.	Vol.	Price($)
16	8975	$4.46

Sellers (Offers)

Price($)	Vol.	No.
$4.47	9379	34

View Market Depth

No.	Vol.	Price($)
20	14854	4.460
24	33273	4.450
19	52439	4.440
14	151037	4.430
8	16504	4.420

Price($)	Vol.	No.
4.470	9254	32
4.480	22144	24
4.490	29802	21
4.500	35646	18
4.510	51321	15

Last trade - 13.47pm 24/06/2025 (20 minute delay)

GMD (ASX) Chart

Quarterly projection, page-49

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