Interesting to see where MML is trading.
$1.2+ billion market cap on forecast 2010/11 gold production of 100,000 oz at a cash cost of US$190/oz.
2010 EBITDA: $74M
Debt free
Unhedged gold production
Operations in Philippines
Obviously KGL is behind in terms of timeline to production but
at current prices KGL will produce in Year 1:
70,000 oz of gold and 7,500 tonnes of copper.
Cash cost for gold -$200/oz because of copper credits.
2011/12 BBITDA: $100M+
2012 will be debt free (payback of $50M debt funding is only 6 months)
Unhedged on gold production
Operations in Kyrgyzstan
Perhaps my target market cap by early 2012 of $1.2 billion or $1.13 per KGL share is not far off the mark?
comparison with mml
Add KGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
0.003(3.09%) |
Mkt cap ! $55.59M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $2.918K | 29.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 73203 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 25858 | 1 |
View Market Depth
| Last trade - 12.01pm 31/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |