Enough negativity.
Let’s think about CY24.
I am keen for 10cps dividend (AUS) - full year.
That would be 25M (AUS),(SOI 250M), or 16 M (USD).
If AISC is 1200 USD, and POG is 1900 USD,
that means 22,800 oz of gold needed.
Surely if target production is 120,000oz in CY24, the above is achievable?
For me, that would be a 7.5% yield (unfranked). Throw in a modest 2.5% capital gain, and I would be happy with that.
Not crazy good, but enough to make me hold.
Sun-god, low grade, The Bronwyn et al: think you can achieve these modest aims?
Please prove adam a wrong.
Regards,
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Enough negativity. Let’s think about CY24. I am keen for 10cps...
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