Next quarter:
(my opinion)
- Break even!
- More results because of drillings in June/July
- More Gold ( > 15.000 oz. Gold)
- Less costs (no debts; cash-costs about 500 - 600 A$)
- Spin-out (because of the facts within presentation mentioned below!!!!)
- Acquistions in order to become a 200,000 oz. gold producer
(some facts taken from Dubai Presentation 04/2008 on the website)
Chances:
I am sorry to say that:
- Risk of war (Iran - Israel/USA) in November 2008
- Inflation
&
- > demand for gold (e.g. India; Italy ect.) August-December 2008
- US$ (weakness)
&
- a very good management team
- higher grades > 400 m (see Laverton)
- copper!!!!!
- strong Joint-Ventures partners (SNU; RUM ect.)
Cheers
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- high production cost n 20c option kill price
high production cost n 20c option kill price , page-4
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