GOR 1.72% $1.71 gold road resources limited

All time highs, page-304

  1. 11,249 Posts.
    lightbulb Created with Sketch. 29637
    Great analysis!

    You could improve the analysis with a formula that does an adjustment for AISC.

    Logically if AISC is lower then on a per ounce basis the reserves should be worth more.

    For info, this will give some perspective of the wide variation in AISC.

    https://www.aurumanalytics.com.au/pdf/2019_Q3_Aurum_Analytics_Quarterly_Gold_Report_Final.pdf

    It’s also worth looking at unrealised potential in resource. The more M&I resources outside reserves then the greater the potential to expand production.
    Last edited by wombat777: 18/02/20
 
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