KAL
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9.09% 2.4¢ kalgoorlie gold mining limited

I was doing a bit of reading on extraction costs.. There is no...

  1. andrew78m
    375 Posts.
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    16/11/07
    09:59
    Post #: 3011757
    I was doing a bit of reading on extraction costs.. There is no easy way to figure out what it will cost KAL for the extraction however the average is $238 per troy ounce.

    This was taken from http://en.wikipedia.org/wiki/Gold

    So GOLDPRICE - $238 (extraction cost) * 1.2million ounces = estimated value.

    Would this be the correct assumption?
    KAL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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