This is my favourite snap from one of the articles (agreed there are a few!)
"Financial highlights of study: The scoping study is based on Antilles contributing A$18 million in equity to the project, receiving in return a A$221.4 million share of life of mine (LoM) cash surplus and A$35 million in average annual profits, equalling an eight-month turnaround on the investment. Overall project development cost is US$75 million with a LoM of six years at an annual production of 100,600 ounces of gold equivalent, earning the project about US$700.5 million in sales revenue over its LoM and culminating in a LoM profit of US$312.4 million (after paying tax of US$12.5 million).La Demajagua holds a Net Present Value at a discount rate of 8% (NPV8) of US$218.1 million, and a project internal rate of return (IRR) of 43.7%." -> www.*.com.au
AAU Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
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