Rough calculations.
avg ounces per qrt, till end of march qrt.
say 55000. Asic 1200.
5*55000*650=178million.
178+108=286million.
86million in running costs maybe a little under what it will be.
bugger. I forgot tax to be payed.
does anyone know if we have some tax credits and / or how ramelius has to pay its taxes?
ps i am assuming that maybe they borrow some funds for developing tampia. If they dont than cash will be less.
very rough, and probably will be less but maybe more depending on what happens.
Ann: Ramelius H1 FY2019 Results, page-81
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