NGF norton gold fields limited
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to buy or not to buy?, page-2

  1. AndrewAD
    93 Posts.
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    02/12/11
    11:07
    Post #: 9380707
    Aman,

    To get costs down to this level, the plant would have to have to produce about 180,000 ounces. Actual spend is relatively constant - it is all about the ounces. And as the mill is full to capacity, it is all about the grade.

    Hence trying to increase the grade... The only arrow they really have in their 'cost reduction' quiver.

    Cheers
    NGF Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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