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54.0¢ gascoyne resources limited

Hi Plough ...18 trucks maybe?At any rate Their FB page says they...

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sabine

5,305 Posts.

459

17/10/18

22:54

Post #: 36164662
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Originally posted by plough: ↑

Bit of an oxymoron being educated and having to guess ,
A straight guess as I am uneducated in these matters - 10 days time there will be no cash burn and the quarter will be cash flow neutral .
Higher Diesel prices must be costing them a fair bit though
Guessing 14 (785D trucks ) * 1500kw * 40% power utilisation * 1/4 liter per kwh * $2 liter = $4200 an hour in diesel * 2200 hours a quarter = $9 .2M plus 3 EXs and ancillaries = $3M = $12M a quarter at a really rough guess as do not know the diesel cost or actual use
Be nice if poster Sabine could give a better estimate

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Hi Plough ...18 trucks maybe?
At any rate Their FB page says they sent up 18 new Dt Hi Load Hercules trays plus a 988K Caterpillar Wheel Loader early in the year
cheers

GCY Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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