I just googled ‘gold mining average margins’ …a dangerous game I know … 20%-30% seems to be the average but I didn’t delve deep and interrogate the numbers so went with the lower end as we not sure how they’ll monetise the resource and wanted to avoid getting carried away.
it’s a rough view and doesn’t account for time value just looking for some comfort
I just googled ‘gold mining average margins’ …a dangerous game I...
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