CVR cavalier resources limited

Ann: Crawford Gold Project - Raptor Funding Update, page-6

  1. 66 Posts.
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    I'm scratching my head. At the highlighted DFS scenario of $4,600 AUD per ounce, raptor don't make their money back? They essentially need gold price to be over $5,050ish AUD per ounce to make any $$$. Happy to be proved wrong or share my calcs.

    I know AUD ounce is $5,100 now so sure they're in the green but there isn't much wiggle room.
 
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