Average Gold Price for last year in $A is about $1,650/oz. NAGs average Gold Production Costs est is around $600-$700/oz. So average Profit/oz of about $1,000/oz. 15,000 oz year = $15m profit = 3c/share in profit. Thats based on existing drill results. Its not money in the bank but it is money in the ground.
[ATTACH] Average Gold Price for last year in $A is about...
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Last
1.7¢ |
Change
-0.003(15.0%) |
Mkt cap ! $13.54M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.7¢ | $21.38K | 1.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 276760 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 242654 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| NAG (ASX) Chart |