KAL
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5.00% 2.1¢ kalgoorlie gold mining limited

cheapest gold stock or any stock 4 that matter, page-4

  1. markco2
    6,316 Posts.
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    17/12/07
    14:57
    Post #: 3167645
    Defabstar,

    I just did a couple of calculations.

    Very basic.

    $40mln MC

    1.4mln ozs @ $800 an ozs = $1.12bln
    less $500 an ozs costs = $560mln in costs

    = $560,000,000 Gross/Profit

    Based on current .20 cents a share it would be closer to $2.80 a share.

    I think also my figures are being fairly conservative.

    Cheers markco2
    KAL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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