POG has just touched $1400 AUD
With my last calculations I did not take into account the exchange rate, so If we use Webrals low figures of $800 cash cost and $1200 oz USD
After the exchange rate that would be $460 profit and not the $400 I first thought.
If we use the cash cost of $700 oz MIZ is targeting and current POG of $1220 USD.
Exchanged making $805 cash cost of AUD and $1398 AUD leaving $593 profit an oz.
these figures now even more so point to a $1 Million profit a month for MIZ early next year imo.
MIZ on the road to riches, page-87
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