Australia's largest stock trading and investment forum Australia's #1 stock forum

ANW

Click for more information

0.00%

0.1¢ aus tin mining ltd

Ann: Owner Mining Commences at Granville, page-88

First 88 Last

Share
Profile

Follow
justsumguy

650 Posts.

28

14/03/19

21:01

Post #: 37767197
Share

Originally posted by blister ↑

nope.

however can someone help me here. the company estimates opex at 130k aud a month now as owner miners. at the previous 17300k thats only 7.5 ton a month?

allowing for a rough 20% discount for jemroks margins. it bumps up to 9 tonnes a month.... putting us at roughly 1.7 million a year profit. 30k rev- 13450k opex × 9t x 12 mths.

these dont seem like big numbers... certainly not the 5m we were expecting. unless of course they will produce far more than 7-9 tonne a month (which would be likely in my mind).. if this is the case then are margins and projected profit will be much much higher than previous estimates. i think they tried to hint at this without getting an asx slap for aspirational comments.

7-9 tonne a month just seems a very low number.

Expand

Onsite operating cost is actually $13200 /t.
Also that was on the basis of paying margins for the contractor. Im guessing it would be about 20%.

ANW Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

US election outcomes: Key economic and market takeaways

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

There are more pages in this discussion • 38 more messages in this thread...

First 88 Last

Add ANW (ASX) to my watchlist