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2.3¢ a1 consolidated gold limited

Hi sydneysider The expected expenses for the December quarter...

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retiredyoung

3,423 Posts.

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01/11/16

14:44

Post #: 20284325
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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?

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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
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0 Great analysis

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