In the Feb 2015 investors presentation, they use the figure of $1,200 USD when calculating projected profits margins, currently gold price sitting 5% below this figure at $1,150. The mitigating figure to this was they also include in that presentation a gold content figure of 2gpt, yet they are now working with 50% higher rates then that at around 3gpt. So gold price is around 5% lower then projected but getting 50% higher grade makes a nice profit equation
CDG Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held