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.
