Ann: AGD Announce Settlement of Miners Strike at Guanaco/Amancaya, page-2

Alright so management says 55-60, lets be conservative and assume 50k GEO for 2020.

lets say AISC is higher than last quarter at around $1000, and if gold stays above $1700 then austral makes $700/oz. 35M profit for the year on 559M shares is 6.2 USD cents/share. that’s almost 9 cents Aussie per share, so AGD trades at less than 2 times forward earnings.

AGD trades at a 10ish p/e if that holds then this could go to 60 cents USD. If gold goes to $2500 later in the year that means $1500/oz profit and could drag earnings per share closer to 10cents/share USD.

...could this little stock hit $1 if precious metals booms?

GLTA