GML gateway mining limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-18

  1. 1,826 Posts.
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    sorry for my ignorance - but if the gold price is something like 2,000 an ounce and we currently have 475,000 ounces, why is our MCAP so low?


    assuming capital costs for mining equipment and time risk given mining is probably a long way off?

    what are profit margins generally for every dollar of gold extracted for an open cut gold
    mine?

    what am i missing?
 
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