From the AGM:
FY15 cash cost (pre royalty) $835 - 915 ... so mid-point $875 oz. This is higher than I would have thought.
Add in the $40m capex guidance for FY15 divided by mid-point production guidance (330k oz) adds another $121 oz.
Corporate G&A is running at $9m p.a. so that adds another $27 oz.
Thus AIC (pre royalty and pre tax) comes to AUD $1,023 oz.
Based on mid-point production of 330k oz that should provide free cash flow (pre royalty and pre tax) of $122m for FY15 (using current AUG POG of $1,392).
Is this how others are assessing RRL? I had previously been using an AISC $130 lower based on Sept Q report. Makes bit of a difference.
Cheers
John
From the AGM: FY15 cash cost (pre royalty) $835 - 915 ... so...
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.53 |
Change
0.010(0.40%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.57 | $2.51 | $1.096M | 431.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 14847 | $2.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 12363 | 18 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
