NGF norton gold fields limited
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  1. Isladar
    1,603 Posts.
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    19/11/11
    20:27
    Post #: 9311257
    I all ways get this wrong, Norton are producing 150,000 ounces a year at around $1,000 an ounce cash cost.

    That should equate to 100 million cash.

    Value of NGF 200 million.

    P\E of 2, ???

    We alos have a mine worth around 300 million and in ground gold worth absolutely nothing.





    NGF Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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