PRU 3.46% $2.38 perseus mining limited

Ann: ORR: Board and Management Transition, page-5

  1. 2,405 Posts.
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    We should go up faster than the gold price increase as our costs are supposed to be constant/ounce so the profit incresses in percentages faster than the gold price. At 50% cost 50% profit, every percent of goldprice increase increases the profit by 2%!! (Ceteris Paribus, all else being equal)
    correct?
 
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