gold stocks to watch in 2009, page-34

shakespeare..a bit rough..more like 20c a share profit at current prices.

cost to produce per ounce is $600AUD

at current price of $1340AUD, that leaves around $740AUD profit per ounce.

30,000 ozs pa times $740 is around 22million AUD

108 million shares on issue

this is about 20c per share profit pa. my apologies.

still pretty decent at these prices.

cheers