AGZ a.g.d. mining limited

It seems AGZ is one of the few small goldies now not rising with...

  1. 615 Posts.
    It seems AGZ is one of the few small goldies now not rising with POG.

    On reserve grades (10.9 gm/tonne) gold in Costerfield operations and POG @ $744 AUD means the ore is worth AUD $260 per tonne without antimony.

    At 300 tonne per day production, gold translates to a revenue of AUD $20m or earnings of AUD 29.5c per share.

    With antimony, revenue should be AUD $30m (earnings AUD 44.3 c/share).

    At current prices of 25c - 26c I am still accumulating.
 
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Currently unlisted public company.

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