CDG 0.00% 7.0¢ cleveland mining company limited

In the Feb 2015 investors presentation, they use the figure of...

  1. 276 Posts.
    In the Feb 2015 investors presentation, they use the figure of $1,200 USD when calculating projected profits margins, currently gold price sitting 5% below this figure at $1,150. The mitigating figure to this was they also include in that presentation a gold content figure of 2gpt, yet they are now working with 50% higher rates then that at around 3gpt. So gold price is around 5% lower then projected but getting 50% higher grade makes a nice profit equation
 
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Currently unlisted public company.

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