Cant wait to see dfs numbers. Was just reading a piece in reaources rising stars - re board change.
But also mentioned dfs due soon, and how pfs pointed to a $225M development (will be higher now) producing an avg of 126000 oz pa. 555M after tax free cash flow over the main 6 year production period using 2300aud/oz. Its now $3500.
Payback was 1.7 years. NPV $364M. Again Gold orice used was $2300 aussie.
Whats 126000 * 1200? About 151M bucks a year ( before tax). Extra. Wow. Dont have to pay tax if you spend it :)
If thats not a strong buy i dont know what is...
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