AWJ 1.35% 36.5¢ auric mining limited

Auric set to run, page-3

  1. 2,402 Posts.
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    Comparable to NST shedding $10 free cash a share.
    That is after a cash retention to start mining again next year for 12 months for at least the same income again.

    Add the next pit at Munda with a 4yr life and 10x the current expected return at $2600/oz
    Gold just clicked over $3k and no hedging.
    The best part of 3.6koz yet to be sold if not more.
    I reckon directors still can't buy as they know actual total costs breakdown,more accurate likely yield in Oz to be had ,and the market doesn't.
    Budget 155kt for 7600oz at $2600 for $4m
    Yield 180kt for 9600oz est.$2900 plus = ??????
 
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