Since I bought into this thing a few months ago my plan has and remains to hold at least until 3MH recommissioned and processing to forecast. My Assumptions are that by end Dec/Jan:
POG: AUD$1500
Prod: 80,000 oz pa
Cost of Prod: $600 p/oz and an EPS of around 2-2.5 cents
Simple and plenty of assumptions but downside outweighed IMO.
Short term positive drilling results and Nepean a bonus.
Cheers,
how much is fml worth?, page-3
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