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2.27% 8.6¢ neometals ltd

have i missed something...

  1. twistar
    499 Posts.
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    05/12/12
    13:10
    Post #: 11149669
    Very strange posts???Is it not true that RDR starting Gold production December 2012 ???? Income for 12 months going to be approx 110,000 oz at floor price first year $1626 less $1000 oz production cost =$626 oz times 110,000 oz production =$68.8 mil profit...less credit suisse $19mil 12-18 months to pay off...Is this not why you invest in shares/mining companies...RDR also has it's own cash some $20mil plus...Thread on the Reed speech seams to be a bit of whinge fest..But if I've missed something on why the Gold production which has possibly already started is not accurate I am happy to be put right...
    NMT Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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