It depends on the month they get into production. My expectation is they will put first ore in Jerritt in May and ramp up from there. The mode I have seen on the initial 601 pit has them mining about 20000oz from the starter pit then going underground in a decline. So I'd use that as a guideline for 2017. As far as I know the $850 cost still stands though they are negotiating with jerritt and we could see some sort of deal done on a JV basis. Nothing solid yet. Use the us$850 for now.
Given there is minimal Capex no debt and no hedging we could see cash flow hit the bottom line within a few months from may.
It's one of my favourite gold situations at present. Just a matter of time before the big boys pick it up
- Forums
- ASX - By Stock
- WTF!
It depends on the month they get into production. My expectation...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WA8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.3¢ |
Change
-0.001(1.56%) |
Mkt cap ! $48.07M |
Open | High | Low | Value | Volume |
6.5¢ | 6.6¢ | 6.3¢ | $29.36K | 455.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 77872 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 120675 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 77872 | 0.063 |
1 | 16129 | 0.062 |
1 | 5857 | 0.061 |
5 | 426914 | 0.060 |
2 | 116944 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 120675 | 1 |
0.066 | 144233 | 2 |
0.067 | 260000 | 2 |
0.068 | 50000 | 1 |
0.069 | 139571 | 2 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
WA8 (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online