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8.57% 19.0¢ auric mining limited

Ann: Gold Mining to Recommence at Jeffreys Find, page-3

  1. fitnfam
    2,338 Posts.
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    23/01/24
    10:55
    Post #: 72017123
    What your missing is a 2600 pit is a certain size and a pit based on $2900 is a lot bigger.
    More ounces and more cash.
    So half of around $100m is the target PLUS those extra ounces at diminishing returns to $2900 cost to harvest and sell.
    Throw MUNDA on top towards the end of the year.
    AWJ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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