Gold price I checked was $1815 US/oz
Therefore around $788 US/oz profit.
$39m USD profit at 50000 ounces.
Over $50m Australian and what at least 17 years mine life and what is the likelihood the gold price improves in time given it is getting harder to find and old mines are depleting.
I'm going to sit on my hands and wait for the price to reflect the profit that is coming out way.
Good news is end of year we be mining.
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