If RMX goes in small/large scale production, the cost would be $600-800 and hence simply more than 100% profit if Gold ralies to $1600 by the time RMX goes in production in early 2015
Alot of assumptions here. We don't know what the costs will be at this stage, we haven't even seen the first study stage yet and even if they make a forecast it won't be until production is in full swing whether that can be achieved. Secondly we don't know what the gold price will be in 2015. Things can change quickly. Thirdly we don't know how much or if they'll have to hedge to get the money to build the required production facilities.
I wouldn't be counting on a 100% profit by any stretch. Let's wait and see what
- Forums
- ASX - By Stock
- RMX
- rmx on friday 14th feb 2014
rmx on friday 14th feb 2014, page-32
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.873M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $10 | 9.814K |
Featured News
RMX (ASX) Chart |
Day chart unavailable