So if they are producing roughly 500000 ounces and say $200 aud profit per ounce that’s 100 million profit a year . Surely there is no way but upwards for the share price over next 3 years , how much would depend on how much the gold price heads north .
If the gold price has a run they could be churning out 2 or 300 mil a year if they keep there all in site cost at the $1000 mark or less
The limits are endless all depending on the price of gold , I’m no genius but I don’t see how it would be hard not to be happy to how through thick and thin
So if they are producing roughly 500000 ounces and say $200 aud...
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$2.57 |
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