Ntaylor, I'll kick things off for the comments on the quarter results.
Let's start by looking at what will be different to last quarter.
Vammala production centre was stopped for 3 days in Dec for maintenance = +375oz this quarter.
Lower recoveries at Svartliden due to broken AAS (now fixed) =+380oz this quarter.
Potentially longer working hours at Vammala. Guesstimate of 20 day months to 24 day months (20% increase) =+1,500oz. Not sure if this was to make up for lost time in December only.
Last Quarter gold production was 17,424 + above = 19,679. So I'm tipping 20,000oz this quarter.
Due to the poor US/EUR I'm hoping cash costs to be no more than $600USoz or $660AUDoz.
Sale price of $1,200AUDoz less $660AUDoz = $540AUDoz.
$540AUDoz by 20,000oz = $10.8mAUD
Plus we have $1.8mAUD of gold in transit last quarter. So total net inflows of $12.6mAUD.
Capital purchases, development and exploration spend my guess around $3.5mAUD.
So I'm thinking it is possible to see net cash inflow of around $9.1mAUD (0.012 per share) in one quarter.
Add that to last quarter end of:
$4.4m cash
$6.1m gold
$3.8m bonds
$14.3m
And we could be looking at a cash,gold and bond position of around $23.4mAUD.
That is 36% of DRA's market cap.
Lets say these figure are over-the-top based on ??? even if cash inflow was only half $4.5mAUD I would still hold.
Dott hang in there - she'll pay soon.
wow
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