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Ann: Results of Yandan Mineral Resource Update, page-18

  1. 2,672 Posts.
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    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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