MML 2.41% 85.0¢ medusa mining limited

Quarterly Production

  1. 6,756 Posts.
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    Three possible scenarios based on average gold price for Sept quarter of $1275 and quarterly expenditure of $24mil.
    1) Company guidance: 21,000 ozs produced giving AISC $1142 resulting in free cash flow of $2.7mil ($A3.4mil)
    2) Best estimate: 24,500 ozs produced giving AISC $980 resulting in free cash flow of $7.2mil($A9.0mil)
    3) High but possible estimate: 28,000 ozs produced giving AISC $857 resulting in free cash flow of $11.7mil($A14.6mil)
 
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Currently unlisted public company.

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