A40 0.00% 8.2¢ alliance mineral assets limited

Hi El Jefe, from the report we have AISC for Year to June being...

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    Hi El Jefe, from the report we have AISC for Year to June being $1310, thankfully that's AUD at least. So with a Gross selling price of USD $880t it seems we are unlikely to be cash flow Positive any time soon.

    Costs seem to drop off dramatically from the following year, assuming that's largely due to lower strip ratio but in reality that transition isn't likely to happen overnight so could be a phased approach with costs dropping month by month from June.

    Realistically what sort of timeframe next year would you be thinking they could achieve cash flow Positive?

    Thanks
 
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