NVA has said they are looking at a cost of 600-800 per ounce ( maybe even less) to get out of the ground so even a Gold Price of 1650 there is still a lot of profit - Aussie mines are different - costs are much higher - wages, transport, services etc.- so Estelle is a good place to have a major gold mine going forward. I remember Croesus one of the Biggest Aussie owned mines going belly up due to costs in the early 2000's
Ann: Pause in Trading, page-40
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Mkt cap ! $55.99M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
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