The investor presentation says they are now running at 80 tons a day with the new ball mill. That would be producing upwards of A$110,000 a workday at current prices and exchange rates. $550k a 5 day week. $2.4 mill a month?
With a $5-7 million dollar quarterly income, produced on this little beginners gear they should be quite cash flow positive, which will be complemented by sale of past production in the form of gold bars. Should sell like, er, gold bars.
Once these start doing the the rounds of dealers the collectors might sit up and take notice? Its good advertising at no cost and shouldnt do the SP any harm at all. Its why girls wear short skirts. Get more offers to pick from perhaps?
The investor presentation says they are now running at 80 tons a...
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $4.165M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $9.356K | 2.061M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 27062069 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1072054 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PUA (ASX) Chart |