Australia's largest stock trading and investment forum Australia's #1 stock forum

AYC

Click for more information

0.00%

2.3¢ a1 consolidated gold limited

December quarter cash-flow of $13M, page-2

First 2 Last

Share
Profile

Follow
retiredyoung

3,423 Posts.

151

01/11/16

14:44

Post #: 20284325
Share

Originally posted by sydneysider ↑

2,418 ounces poured in September = $4.1M @ A$1,700 per ounce cash flow.

October production rate 1,250 tonnes per week for 3 weeks + 1 week @ 2,500 tonnes for 6,250 tonnes @ recovered rate of 6.5 g/t au = 1,310 ounces of gold @ A$1,650 per ounce = $2.16M cash-flow

November rate @ 10,000 tonnes @ 6.5 g/t au = 2,096 ounces @ A$1650 per ounce = $3,458,400 cash-flow

December rate the same @ $3,458,400 cash-flow

Total cash-flow + gold poured and shipped ($3.45M) to end of year = $13.16M

Why are investors selling this stock?

Expand

Hi sydneysider

The expected expenses for the December quarter are approximately $9.4m that may burn through most of the cash coming in. Lets hope the air leggers get some good grades.

Last edited by retiredyoung: 01/11/16

AYC Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

US election outcomes: Key economic and market takeaways

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

There are more pages in this discussion • 51 more messages in this thread...

First 2 Last

Add AYC (ASX) to my watchlist