I noticed in KAUs latest report they RECEIVED around AUD $2800.00/oz. Newmont is the largest gold miner in the world, it is costing them around USD $1600.00 to PRODUCE 1oz of gold. That is AUD $2400.00/oz. That gives KAU AUD $400.00/oz PROFIT based on these figures.
Does anyone know what KAUs PRODUCTION cost of 1oz of gold is?
Ann: Key Exploration Licence Granted at the Maldon Gold Project, page-14
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