Forget AAZ.17 Apr 2019 11:14
Q4 2018
· Q4 2018 gold bullion sales of 15,066 ounces at an average of $1,231 per ounce (Q3 2018 gold bullion sales of 18,637 ounces at an average of $1,216 per ounce)
Q4 2018 copper concentrate shipments to the customer totalled 3,774 dry metric tonnes ("dmt") with a sales value of $6.1 million (excluding Government of Azerbaijan profit share) (Q3 2018: 1,557 dmt with a sales value of $3.4 million)
FY 2018
· FY 2018 gold bullion sales of 59,481 ounces at an average of $1,265 per ounce (FY 2017 gold bullion sales of 43,496 ounces at an average of $1,265 per ounce)
· FY 2018 copper concentrate shipments to the customer totalled 7,675 dry metric tonnes ("dmt") with a sales value of $15.4 million (excluding Government of Azerbaijan profit share) (FY 2017: 8,499 dmt with a sales value of $16.7 million)
Company financials
· Net cash, being cash and cash equivalents less interest-bearing loans and borrowings, totalled $6.1 million at 31 December 2017 ($2.8 million at 30 September 2018)
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Net cash says it all, lol