MML 2.41% 85.0¢ medusa mining limited

Assuming similar level of ore throughput, cash costs, grade and...

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  1. 1,035 Posts.
    Assuming similar level of ore throughput, cash costs, grade and investment outflows, the numbers might look like this:

    Milled ~ 144kt
    Grade ~ 6.8g/t
    Recovery ~ 94%
    Production c. 29.6koz
    Average PoG @ US$1,190/oz
    therefore Revenue of c. US$35.3m

    OP costs ~ US$12.9m
    Exploration ~ US$2.7m
    Capital Works ~ US$4.2m
    Development ~ US$6.8m
    G&A ~ US$1.6m

    Therefore potential FCF of c. US$7.1m

    Then probably split between reducing liabilities and increasing cash. But in what ratio I cannot possibly guess.

    One way or the other we should know by the end of April.
    CPDLC
 
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