REZ 0.00% 1.3¢ resources & energy group limited

My guesstimate of free cashflow over next 24-30 months could go...

  1. 4,747 Posts.
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    My guesstimate of free cashflow over next 24-30 months could go as high as $29M. Generated from (1) 5,000 tonnes test load generates $1.5M free cash from Maranoa at head grade of 4.6 g/t au at 90% recovery (2) 179,180 tonnes from Goodenough generates $11.67M at head grade of 1.71 g/t au at 90% recovery (3) Balance of 50,000 tonnes fro Maranoa at head grade of 4.6 g/t au for 90% recovery to produce $15.84M of free cash flow for a total of around $29M.

    Current contractor rate of $83.80t to process around 234,180 tonnes. Current sale price of $96.77 g / A$3,000 per ounce. This is a very undervalued goldie. Good luck to all longs.
 
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