50 K an ounce.
Thats crazy.
Australia has thebiggest gold reserves in the world.
Even the smallest MCCAP GOLDIES will have a MC of billions.
A mine producing a modest 100,000 ounces PA will be making 50,000,000,000, before AISC. AISC wont be a consideration if its that much.
Thats crazy talk.
I would be happy though.