Ann: September 2015 Quarterly Report, page-102

I think it's worth revisiting this post from 6 weeks ago. My understanding subsequent to this post is that ASIC may be closer to $770, but happy to be corrected.

Assuming a new average POG for oz sold of USD$1050, the margin becomes 1050-770 = USD280/oz. If production level holds at 14K oz/month (42K oz for qtr), then we'll have approx USD$12M flowing into account for the quarter. (AUD16M @ 0.75).

Even at this POG, the numbers still look good. The P/E ratio is ridiculous. Am I missing anything?