Well we are here!
$3000 gold is here now and it only took days and now 1.85m oz at 1.3gpt becomes really interesting!
Let’s assume a high cash cost per ounce of $2,000 per Oz, and say of our 1.85m oz, that 1m can be recovered to make things easy. That’s A$1b over 10 years, assume $A300m for capex, prob looking at $350-400m NPV?
Super rough numbers but best thing, gold is going higher. Much higher. Remember the fed is willing to backstop up to $2 trillion!
buyers on Monday, super lucky to be getting this price against our 18m MC in a very safe jurisdiction.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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5 | 1741738 | 0.9¢ |
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Price($) | Vol. | No. |
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1.0¢ | 686293 | 3 |
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No. | Vol. | Price($) |
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5 | 1741738 | 0.009 |
6 | 1945797 | 0.008 |
2 | 450000 | 0.007 |
1 | 250000 | 0.006 |
2 | 370000 | 0.005 |
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0.010 | 686293 | 3 |
0.011 | 1120454 | 3 |
0.012 | 1056448 | 3 |
0.013 | 1444816 | 3 |
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