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At 850oz I’ve got free cash of 16.66m AUD. At 1,000oz I have free cash of 27.9m AUD (24.6m USD) but this is very dependent on the prices of both gold And silver. This is a 71% increase. I am using 1281 for gold and 17.4 for silver but I would be very hopeful that we will see pretty decent rises in these during the next 5 years and profit of much more than $29m
Where we are going in March
1,000oz GE/wk = Au 898 + Ag 7429
Equivalent to 89.5% throughput @ 54.8% recovery
Revenue 1281K less costs 808K = 473K USD Free Cash/wk
Free Cash 537K AUD/wk or 27.9m AUD pa
Ann: Quarterly Report 30 September 2014, page-10
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Mkt cap ! $5.845M | |||
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