Morning all.
@Lenin
40c?
That is a decent target considering JF but I don't think it reflects the potential of Munda.
I also think there is more consolidation coming in that area so we could see some benefits of that.
This vid below suggests some great targets for the gold price and if we were to use those targets then 40c becomes a joke, let alone the current SP.
I do believe we will see a figure of $3000 USD gold price this year.
The diluted number of oz that sill be produced from Munda is 140,000 oz at an aisc of $2000 max.
Those numbers make it really simple to see the potential profits next year without JF.
Make sure that you start this vid from the beginning but from around the 22m point on is really interesting.
All going well, I see a much higher SP target next year.
I am hoping for some more surprises before then that will potentially add to that.
Kind regards, Wack
Morning all.@Lenin40c?That is a decent target considering JF but...
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