So my guess on Q1 thread pretty much nailed Q1, so what will Q2 be like? 1. Guidance is 6,800 to 8,000 ounces = 7,400 mid; go a little bit lower and call it 7,200 for Q. In Aud gold has been about $5,000, so Q2 revenue of $36 million, and the annual runrate of $144 million revenue.
2. Compared to the prior three Qs. 6,861 in Q4 2024, 5,230 in Q3 2024 and Q2 2024 was 3,930oz. So Y/Y the June 2025 Q will be at 7200 which will be 83% more gold at a price of $5,000oz compared to $3,554 or 40% higher gold too. Compared to Q1 2025 with 6,183oz and $4,520, sequentially it will be 16.4% gold oz growth and 10.6% higher gold price. Here is prior Q report
https://app.sharelinktechnologies.com/announcement/asx/3456ca991f4ffb97b743bc21872284ae 3. In Aud dollars that is Q2 2025 $36 million vs Q1 2025 at $29.45 million and Q2 2024 being $14.7 million. So sequentially, that is 22.2% more revenue and Y/Y that is 145% revenue growth.
4. So the harder to predict Free Cash Flow?
Cost Summary Unit Mar-25 Qtr Dec-24 Qtr Sep-24 Qtr Jun-24 Qtr
Project All-in-Sustaining Cost1 A$/Oz 3,413 3,163 3,673 4,460
With the higher mining rate guessing $3200 AISC vs $5,000 oz selling price or $1800 margin and way over 50% FCF margin if have numbers right here. $1,800 X 7,200oz = $12,960,000 FCF for Q or annualized $51,840,000 Aud. Current market cap is $114 million Aud, so a 45.5% Free Cash Flow yield or 2.2 Price/FCF Ratio, which might be the best in the world for a gold miner, and yet it is in Western Australia, which is often voted the best mining jurisdiction in the world. And BTW that is ignoring their Timor-Leste huge land package with very high grade copper/gold VMS outdcrops.
At the Ossu concession, historical occurrences of chalcopyrite-rich boulders have returned significant grades, including up to 12% copper, 0.88% cobalt, and 2.08 grams per tonne (g/t) gold. 4 At Baucau, a recent reconnaissance program has identified multiple polymetallic copper mineralization occurrences at the 'Quarry' and 'Vermasse' prospects, with assay results pending. 2 Beacon is planning a comprehensive exploration program, including geophysical surveys and drilling, to further evaluate the potential of these concessions. 4 The company has also entered into a non-binding term sheet with Murak Rai Timor, a state-owned mining company, to explore a joint venture opportunity. (AI- Generated)
All that for a 45.5% Free Cash Flow yield??? And sequentially 22.2% Q revenue growth , and Y/Y 145% Q revenue growth. Correct me if my #s are off. If they are not off, it is ridiculously undervalued, and doing a 5-bagger with a continued gold price rally would seem in order.
(20min delay)