lot more stock passed through during the last couple of hours. On the projected figures the company stands to turn over 330M and produce between 60M to 90M after costs. Last night I did some back of envelope figures and looked at a higher gold price and a lower Aus $. If the mine turns out 150,000 oz with a dollar at say 73 US and we have a gold price of AD 2700 the turnover would rocket up to about 405 M A$. Yes, the fuel prices would climb with a lower dollar and we would pay more royalties but we would get a great deal more leverage and a shot in the arm for the share price. Yes, this might be" pie in the sky" but it is a consideration worth pondering about in our dreams. At the moment we don't have much more to think about. So instead of being gloomy do a" Pollyanna" and think of an alternative. CHEERS GLTA THIS IS NOT INVESTMENT ADVICE JUST THINKING !!!!!!!!!!!
KWR Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held