AXM 0.00% 1.1¢ apex minerals nl

hiscock small cap investment fund strikes gold, page-17

  1. 1,844 Posts.
    The only thing that matters here is gold and what it costs.
    what it costs depends soley on

    How much they rip out to the surface
    How much they process
    What yield they get.

    now the QTRLY doesn't worry me either

    The only figures i need to confirm a turn around are June figures(june qtrly will be old history)

    1/more than 50kton hauled to the surface(makes150kt a30%incr)
    2/yield of 87.5% or better thru the plant from the ore.

    that should show the next qtr with trashed costs and cash to address outstanding issues from an extra 5000 oz per qtr.

    20koz at $1400 aus sure is handy cashflow
 
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