NGF norton gold fields limited
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profit forecasts 2011-2015...5yr ave pe of 4.5, page-3

  1. Isladar
    1,607 Posts.
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    26/05/11
    21:32
    Post #: 8458121
    I do not get the C3 costing.


    I would like to go back to the Quarterly Report: December 2010

    C1 cash cost of A$805/oz, an 18% improvement.

    Their last quarter was poor due to a month shutdown, hence high cash costs.

    I am betting we will get cash costs back to around $800 this quarter, if so profit for this quarter based on this and 40,000 ounces will be around 24 million.

    Tell me why I am so far out?
    NGF Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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