Aussie gold at $4,850… even if we assumed ORD had an AISC of $2,500, that’s $2,350 cash profit per ounce we could share with a toll treating arrangement… or in RMSs eyes, could all be there’s.
Assuming the above, every 100,000 oz we produce would be worth $235m .
100,000 oz = $235,000,000 free cash flow
200,000 oz = $475,000,000 free cash flow
500,000 oz = $1,175,000,000 free cash flow
750,000 oz = $1,762,500,000 free cash flow
1,000,000 oz = $2,350,000,000 free cash flow
with potentially a 5km gold anomaly being unraveled that is proving to produce ore grade intercepts, we will fall somewhere in the above ranges….for example, if 2km of the 5km anomaly bears gold, 300m down and 25m wide, that’s a 1,3m oz at 1gpt..,,
current EV = $ 30m
and gold is rising.
You want favourable risk / reward?
well I’m staring at it.
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