MON SRE

re: Ann: SRE: Stirling to complete Monarch Go... ijh, yeah buddy...

  1. woteva
    2,213 Posts.
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    24/02/10
    07:55
    Post #: 6368404
    re: Ann: SRE: Stirling to complete Monarch Go... ijh, yeah buddy 1:1

    If they can get near the forecast 110k ozs pa and gold ticks up as I suspect then you MAY just get your money back plus some more.

    At a cash cost of say $650p/oz (time will tell lol) and a gold price in 12 months of $2.5k AUD (I actually think it could be higher), then this could amount to a tidy little profit.

    Given that it will likely hit the market at a few cents per share then it's hardly worth selling.

    MON Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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