There's an article on Minesite about Norseman Gold, dated 2011-03-16 (registartion required, but free): http://www.minesite.com/nc/minews/singlenews/article/norseman-golds-fill-the-mill-policy-will-maximise-the-efficiency-of-gold-production/1.html
Most important part: "Barry also confirmed that everything is going to plan for his company. He has, he says, no reason to change his forecast for Norseman of between 120,000 and 140,000 ounces of gold production for the year ending June 2012. Cash costs should come in at between A$600 and A$700 per ounce".
That would mean a production margin of app. 90 million vs a current marketcap 0f app. 150 million.
NGX Price at posting:
71.0¢ Sentiment: LT Buy Disclosure: Held
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