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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Comment by tschauseppon Mar 01, 2021 9:49pm
185 Views
Post# 32692095

RE:Thoughts on Q1

RE:Thoughts on Q1Another baseless prediction without adequate research. MA 41 as of March 1, 2021 is $1830. To achieve your predicted $1740 for the quarter, the March average would have to be below $1580. Let's assume they put 3500 t/d through the mill with an 8 g/t grade in Q1 and taking your predicted $1740 would generate revenues of 141m. Expenses should be around 115m. And keep in mind the debt payment of 176.7m will result in 1.6m less interest in Q1.
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