HGO 0.00% 5.4¢ hillgrove resources limited

Ann: Primary Crusher Bearing Replacement, page-14

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  1. VYR
    819 Posts.
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    Here you go

    "The Company provides the following guidance for the current Financial Year ending 31 December 2018 (CY18) for the Kanmantoo Copper Mine:
    22,000t to 24,000t copper contained in concentrates 2,500oz to 3,500oz gold contained in concentrates
    US$2.00 to US$2.25 per lb (at a 0.78 exchange rate)
    Despite the higher production, C1 costs remain relatively high, driven by the deferred mining costs which will now be reallocated from the balance sheet to operating costs. Excluding the reallocation of the deferred mining costs, the C1 cost would be in the order of US$1.65 to US$1.80 (at a 0.78 exchange rate) and this would be more re ective of cash costs."

    You will notice that the cost that's coming out of the balance sheet for the whole year is in the range of 35 to 40 us cents which is much higher than the 6 cents in the first quarter numbers.
 
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