Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

OceanaGold Corp T.OGC

Alternate Symbol(s):  OCANF

OceanaGold Corporation is an intermediate gold and copper producer. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The gold, copper, and silver it produces are essential to the renewable energy and transport sectors, life-saving medical devices and technology which connects communities around the world. The Didipio gold and copper mine is in Luzon, Philippines. It produces gold and silver as dore bars and copper in concentrate. The Macraes Operation on the South Island of New Zealand is an active gold producing mine. The operation includes a large-scale surface mine, an underground mine, and an adjacent process plant inclusive of an autoclave for pressure oxidation of the ore. Its Waihi Operation in the North Island of New Zealand is an underground operation. The Haile Gold Mine, located in Kershaw, South Carolina, is a gold mine on the East Coast.


TSX:OGC - Post by User

Comment by Esther1on Oct 26, 2022 8:53pm
183 Views
Post# 35051816

RE:Q3 Results

RE:Q3 ResultsWill be interesting to see market reaction. 
Think it will depend a lot on conference call and what 4th quarter guidance is for production and AISC ( more towards bottom of guidance given, or top, as very wide variance given we have basically only 2 months left. )  Also Capital costs projections for next couple quarters as low commodity prices and high AISC do not lend to lot of CE)

I always find it interesting to crunch numbers per mine.   There is no doubt that OGC has always had potential, and has good cash generation, but the mines seem to be money pits ( always seems to be problems, all seem to take turns)  No doubt Didipio is the star this year so far. .


                                              Haille           Didipio        Waihi             Macraes 
Cash Generated                  132.7               114.5            9.9                  80.5
 Cash after AISC                   69.7                108.9         -12.1                 28.6
Capital Costs G+E                 18.5                 6.6             20.8                12.00
Contribution                            51.2                102.3          -32.9                16.6  

These figures are for 9 months.  Understood they need to be taken in context but certainly shows,
at least for 2022 where the cash is coming from.  
<< Previous
Bullboard Posts
Next >>