AAU 0.00% 0.4¢ antilles gold limited

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  1. 5,948 Posts.
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    @Oscar11

    $25m compared to ..

    18 mths x 46,000 oz p.a. and (POG USD 1300 - 700 opg costs)

    is $41m.

    How much will be squandered on other things? Zero is achieved if they spend $1m/mth above opg costs.

    Experience suggests they can do it standing on their head, because there is also all the wind up costs.

    If they actually get a project, expect even greater dilution and a consolidation followed by winding up of all the smaller holders for nix.
 
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