Hi guys,
The figures speak for themselves:
Total gold production for the quarter of
105,357 (95,668) ounces of gold was
achieved at a cash cost of A$741 (A$777) per
ounce.
More then 105,000 oz produced this Qtr and cash cost down again to now $A777/oz.
Great performance and yes this company is now a cash cow and will keep accumulating more and more money.
Interesting to read that they have choosen to keep a large amount of Cash in the form of bullion onside (do they expect higher goldprices?)
Bussines was as usual with no interuptions what so ever during the political turmoil.
Imho opinion its pretty obvious, this company is an outstanding performer and deserves a much higher shareprice.
I will say it again we are cheap as chips at current prices and should be closer to the $3 mark instead of todays price of a meager $1,70 per share.
Make the most of todays bargain prices because this company is growing fast and the share price WILL FOLLOW imho.
good luck to all
and read the report its great reading :)
jojo
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