WAF 3.86% $1.48 west african resources limited

WAF $2.00 Party - You're all invited!, page-276

  1. 2,156 Posts.
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    300k oz per year
    AISC less than $600/oz
    Gold Price $1800/oz
    = $1200/oz after costs
    = $360m USD/yr
    at exchange of 0.71
    = $507m AUD Pretax profit!

    I am sorry... but how many companies have annual profit greater than 50% of their MCap?
 
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