CUF 0.00% 0.8¢ cufe ltd

Hard to know at what costs they will run at but if they pull up...

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  1. 15,380 Posts.
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    Hard to know at what costs they will run at but if they pull up all the 2.67mt of ore over the 36 month period and assuming a grade around 2.4g/t.

    With a gold price in AUD of $3535 currently, lets say very conservately they have an operating cost of $2000 an ounce. That leaves us with a profit of $1500 an ounce.

    Over that period using those metrics then it would be worth $6.9m to CUF alone.
 
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