EXU 0.00% 17.0¢ explaurum limited

exu, page-3

  1. 76 Posts.
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    This is the sixth thread you've created this month to either downramp or cross promote.

    My take on the report:

    -$120 mil payback cost for the project (little dilution)
    -508,000 oz of gold
    -AISC of $1000/oz ($600 profit per oz)

    The first two years mining pays off the project completely leaving 300,000 oz in the ground. $600 per oz gives us $180,000,000 in pure profit. More than three times the current MC.

    This is all assuming a lower gold price, lower resource size, lower profit, higher costs and doesn't allow for any growth in the resource which in my opinion is a guarantee.

    Now if you could please explain why you think we have bad management, a bad feasibility study and why you think CY5 is so amazing I'd love to hear it.

    If you really think we have it so bad here then sell and move on but, please whatever you do, stop posting this low value, low effort trash. I'm sick of reading it.
 
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