CGT 0.00% 21.0¢ castlemaine goldfields limited

little nibble today, page-12

  1. 3,827 Posts.
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    Good point but it would be a bit less allowing for recovery in the mill. Though overall this part of Mako is expected to average 10g/t.

    They have made no forecasts for March (nor any month) which in itself is pretty disappointing.

    If they have mined 350tpd @8-10g/t and produced 2500oz plus that's around $4m for the month and puts them well into cash generation mode. I would expect a big sp surge on this news - which makes me think it probably hasn't happened or there would likely be some upward pressure on sp already on 'news out of the mine'

 
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