@kojak78 is calling-
18568 ounces in the September quarter up from March and June (11675 + 17328 oz.)
State figures of 19409 oz.
Cash levels end of September could be up back to just shy of 9-10M then to 20M
yet AISC reduced to US$1,208/oz from US$1,539/oz in the previous 2 Qs
so AISC cant be over 1200 and should be 1100-1150 this Q.
ARSP/sales price improved from 1221 to 1255, PRU in ghana is at 1280
So on prior results I predict Q1 report to come in at :-
prod = 18800
AISC = 1150
ARSP = 1280
margin = +US$130poz
sales revenue = $24MpQ
NFCF = +US$2.5M (up from US$814k Q4)
Compared to PRU in ghana,
with 50kozpQ production and AISC at 1200 and Market caps of $350M
Compared to SLR in WA
35kozpQ AISC 1400 Market cap $190M
Compare
TRY at 19kozpQ at AISC of 1150/1208 with a mcap of only $50M
TRY has lower costs, strong production with market cap 2-5 times smaller than PRU SLR!
TRY looks undervalued by a 2-4 bagger compared to PRU SLR and other goldies
Singapore’s Republic Investment Management, which owns 5.1 per cent of the company’s stock and had 40% of the vote, should start to increase its stake here to try to gain that elusive 15% it needs to takeover. TRY,
All of this should positively affect the share price.