Morning all.
@WiffaSniffaIf we get roughly 21,500 oz from this campaign-
We had a GP of $3,150 by memory.
Over night trading is at $3,738 as I type.
That is $588 over the budgeted price.
21,500 x $588 = $12,642,000 more than we were expecting.
Divide by 2 for our partners and you have an additional $6,321,000 to us.
Next Q- Where do you think the GP is heading from here?
What will Munda look like if we get numbers like 200,000 oz.
Remember the post I put up yesterday and those very HG hits that we will be mining.
That will have a very dynamic effect on our economics.
Do the maths on that one.
No wonder I think we will have $20m in the bank by Christmas.
If we get the total amount of net profit this year and apply a multiple, also considering that Munda could be multiple higher again,
What would the value number look like then?
Knock knock- who's there?
Big, Big who?
Big bucks you dummy.
Kind regards, Wack.
(20min delay)