If POS goes alone of Gold Tailing project, I dont see any value in it.
..
Here are my reasons why
..
Net Gold : worth around 110 Million
Plant Cost: 30 Million
Power Plant : 10 Million ( it does not have infra now)
Cost of Gold (Refining of Gold, Mint Charge, Sales Transport & Security of Gold charges etc Consistent with all other gold producers, have a look at their Cost of Sale Cost)
: 20 Million at least
Mining Royalty : 9 Million
That leaves around : 40 Million spread over 3 years
..
I personally think it will be total distraction for POS to operate Gold Tailing.
..
No single gold tailing project ever made profit. One largest gold tailing project (one in NSW) just went in liquidation few days back. However, I could be wrong as I have been few times in life.
...
..
- Forums
- ASX - By Stock
- POS
- Ann: Windarra Gold Tailings DFS Highlights Robust Project
Ann: Windarra Gold Tailings DFS Highlights Robust Project, page-33
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add POS (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.85M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $308 | 68.78K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
94 | 67484980 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 16076848 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
94 | 67484980 | 0.004 |
37 | 38338925 | 0.003 |
19 | 33550475 | 0.002 |
18 | 24600201 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 16076848 | 27 |
0.006 | 28009780 | 17 |
0.007 | 37586598 | 39 |
0.008 | 6814072 | 14 |
0.009 | 4338007 | 13 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
Featured News
POS (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online