GOLD 0.51% $1,391.7 gold futures

Milli If it has an AISC of over $1000 that is not too good...

  1. 17,482 Posts.
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    Milli

    If it has an AISC of over $1000 that is not too good really given that POG is 1189usd.
    If it is producing 100,000 ounces p/y that is $18900000 for the year after AISC of $1000.
    If its AISC rises any further it will become unprofitable.
    They don't need too much of a problem to take all that.
    I really don't see why this company should be at $1.0 at all really, I would see it at about half of that at the best.
    I see NST has come back a long way and looks like going to about $2.00 by the end of the month.
    NST has produced about 428,000 ounces for the year at an AISC 1172usd for the March Q and about
    $1090usd for the year and has significant upgrades to its proven resource.
    Unless the POG goes higher NST is going under $2.00 IMO.
 
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