AUD gold is $1750, it very well can be $2000 by 2019 - It jumped $300 in three months from 2014 October to January 2015.
At $2000, CTL could be making $25m cash flow a year - $850 profit per ounce at $1150 AISC.
At 3 times price to cash flow ratio, a ratio that would still provide plenty of room for future investors to profit, CTL will be worth $75m, around 7 cents.
AUD gold $2000 by 2019,
CTL 7 cents,
CTLO 4 cents,
Possible???
Am I underestimating it?
Thoughts??
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