CBH 0.00% 7.0¢ coolabah metals limited

december quarterly date

  1. 68 Posts.
    I haven't seen a date published for the Dec quarterly yet, but if CBH stick to their usual pattern it should be released later this week. Should be interesting and could give CBH another push. Does anyone know the date?

    I tried a quick estimate based on the last quartely. Facts then: :
    Cash flow 3,9 Mio AUSD
    Cash cost 54 cent/lb (Zinc)
    Zinc price: 80 cent /lb
    Gross margin therof: 26 cent/lb

    Current Status (Q4):
    Zink price some 100 cent/lb
    cash costs <50 cent /lb
    computed gross margin > 50 cent/lb = almost doubled vs. Q3

    Ditto for lead.

    A significant cashflow improvement looks likely, assuming stable metal quantities. At a rate of 13,000 tons Zn and Pb/quarter an additional CF of >5 Mio AUSD in Q4 looks feasible.
 
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