TGM 0.00% 17.5¢ theta gold mines limited

Ann: Positive Theta Hill Open-Cut Gold Mine Scoping Study, page-13

  1. 3,137 Posts.
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    Doing some numbers for this SS it seems incredibly positive! CUrrent gold price of, all numbers in USD, $1200/oz less our AISC of $569/oz for 67kozpa gives us around $42m gross profit! Now if compared to say a Milenium Mines (ASX MOY) they are producing up to 80kozpa at an AISC of $923 and their MC is AUD$190m, they're also inspiring to produce +100kozpa in the near future. Obviously they're well ahead of us but gives an idea of where we could be by the beginning of 2020 all going well!!
    Topped up a bit today...
 
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