AUL 7.25% 32.0¢ austar gold limited

Ann: Production update - gold sales commence, page-44

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 16,136 Posts.
    lightbulb Created with Sketch. 53
    Read their last 3 qtrly. anns.


    You are joking ? ...…......…...…...........................

    "
    Publicly, know one knows how much they need to produce per quarter as they have not released such information.
    "

    EVERY QUARTERLY cash flow ANN. gives a forecast of qtrly expenses.

    You do know how to read a qtrly?

    Expected costs for this current qtr. are $2.1 mill.

    This is from Dec cash low report, released 31/1/2019.

    Don't know why you're deliberately playing dumb, but...……….
    9. Estimated cash outflows for next quarter $A’000
    9.1 Exploration and evaluation 300
    9.2 Development 700
    9.3 Production -
    9.4 Staff costs 800
    9.5 Administration and corporate costs 300
    9.6 Acquisition costs -
    9.7 Total estimated cash outflows * 2,100

    Therefore they need to produce/sell $2.1 mill of gold, just to break even.

    Be interesting to see what their expected costs for the June qtr will be.
 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.