NGF norton gold fields limited
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re: Ann: Quarterly Activities Report - 31 Mar... YTD C3 costs...

  1. Arbroath
    716 Posts.
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    20/04/11
    15:48
    Post #: 8295937
    re: Ann: Quarterly Activities Report - 31 Mar... YTD C3 costs are A$1154 by my calcs and as you say gutumike they have done a lot of work which should start to pay off. I'm comfortable they'll get full-year C3 down to around A$1100 by increasing production next quarter towards 45k oz at something around A$900-950 C3.

    Think they do still need to demonstrate some better cost control before they'll get the credit for it given their last 24months.
    NGF Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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