CRC 0.00% 9.6¢ cortona resources limited

appeal., page-19

  1. 110 Posts.
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    "50,000 ozs gold a year.... make about $70million a year"

    That's $1,400 an ozs compared with current $1,600-1,650.

    That leaves costs of $200/oz which sounds unbelievably good especially when compared to many companies in production as scheduled by recent brokers research such as Ords or Veritas ?

    I'm interested what costs are assumed and the A$ gold price assumption to "make" $70m or do I substitute 'revenue' for "make" ?.

    If your numbers are right it is indeed worthy of more interest than currently being shown by the market.
 
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