NGF norton gold fields limited

presentation

  1. 721 Posts.
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    Excellent presentation, best so far from the team i think. Very clear and great diagrams of homestead decline.
    2011 looks to be a great year, particularly if price of gold holds or goes higher as is predicted.

    Good to see management realise how undervalued the company currently is atm.


    Was a bit dissapointed to see total costs so high at $1,044 next year as Homestead is expected to have cash costs of $598. Makes any profit dependant very much on price of aud gold.

    Still profit in 2011 could be double the current market cap at aud pog at 1200, with very little new capital funds required.






 
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