a new begining for CLZ, page-70

i dont see what the hype is . they could mine 240 million dollars at kat gap and they is if it cost nothing to dig out of the ground. but when you look at the fact its cost them 90 million dollars to get to this point .

so taking that into count remove the 90 from 240 and that leaves 150 million .. less the 3.2 milllion for the current loan 146.8 million.

it costs USD 1,276 per troy ounce in 2022 to mine which works out to be just short of 2000 aud. with the current price of 2945 that leaves them with a profit of $945 aud. that leaves a profit of 76million so when you look at all of that they wont even break even with the 90million they already have in debt.

PS that is working off there inferred numbers.