AAU 0.00% 0.4¢ antilles gold limited

Ann: Quarterly Report 30 September 2014, page-8

  1. 1,208 Posts.
    bdell, they also say

    "Despite lowered expectations, the project should generate EBITDA’s of around US$29 million per year at current gold prices for the five years ending December 2019."

    They're expecting to produce 20% more from March onwards (850oz -> 1000oz). Do you think the 20% increase in production accounts for an almost doubling of profit?
 
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