If we ship another 30kt and production can maintain current...

If we ship another 30kt and production can maintain current levels will have ~6kt at end of quarter. WIth $20m cash and $20m facility. Looking into the following quarter if we say costs will be elevated again for the final time, worst case another $50m minus the $20m cash we would need to generate $30m in sales for break even to see us through the bulk of prestripping the pits with grades and strip increasing and reducing, some more merger costs and some more fines costs. It’s tight but should be fineness if production and sales continues to perform.

@binwood I think we would Be getting around $US80 for it.
20t gone and another 20t in next couple Days.
Guidance this year is 330,000 / 4 quarters / 2.2 = 37.5t per Q on average but ramping.


40t x 2.2 = 88k pounds.
88k x $A110 x 0.3% = ~$3m.