I don't mind what the capital value of the shares are right now. If it drops, it is an opportunity to buy more. If it increases, then great i'll see a capital gain.
What i do like is the profit per oz. Extraction costs of $1549/oz vs selling it at $2881/oz would equate to a profit of $1,332/oz. When mining 136,000 oz/year that is a profit of over $180 million per annum and a very nice dividend to be paid out to shareholders.
Ann: Corporate Presentation Diggers and Dealers, page-74
-
- There are more pages in this discussion • 93 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $178.1M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 52.0¢ | 49.5¢ | $461.7K | 908.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5733 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AUC (ASX) Chart |