CGT 0.00% 21.0¢ castlemaine goldfields limited

snowy, I'm a holder of CGT not because of the 200ktpa 50k oz pa...

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    snowy, I'm a holder of CGT not because of the 200ktpa 50k oz pa $20m profit pa target by end of this year, but because I believe there is no reason after that they won't keep finding the ore to fill the mill and keep on going to 400ktpa then 600ktpa. At 600ktpa they will likely be priducing 150k oz pa and making $100m pa or close to 40c ps (assuming $1600 gold price). If the gold price goes up significantly, grade requirement drops and it gets even easier to fill the mill, or if grade is there profits get even bigger. There's a heap of potential here - could be several dollars per share. As ZZ posted, it just needs a Twiggy to make it happen.
 
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