feeling sexy guys
let's assume a gold price of AUD $1000 throughout 2006.
currently producing at a rate of 180k ounces p.a
assume cash cost of AUD 600 an ounce
operating profit = 72 million - exclude hedged production
interest - 4m
profit before tax = 68m
NPAT = 47.6
current market cap = 210m
p/e = 4.4
+ mt morgan production and ngf is cashed up for further acquisitions
very bright future indeed