KCN 0.74% $1.37 kingsgate consolidated limited.

Let’s assume we produce 18000 ounce gold and cost 1500 usd (...

  1. 3,657 Posts.
    lightbulb Created with Sketch. 924
    Let’s assume we produce 18000 ounce gold and cost 1500 usd ( still we have higher cost as a startup), ave gold sales usd 2400, so profit will be usd 900. 18000x900=16.2m usd =25m aud profit sept qtr

    Dec 24 qtr

    let’s assume our production reached to 25000 ounces and profit remains usd 900 then aud $35m profit

    mar 25
    25ounces again and profit $35m

    jun 25

    repeat and 35m profit


    my conservative approach giving me
    fy 24-25 production 93k ounces gold & $121m profit. We can pay our loan back in 18months easily, buyback and pay dividends.

    Don’t want to project SP as my IQ is below 70





 
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