X64 ten sixty four limited
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  1. Richter5
    149 Posts.
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    07/01/14
    20:19
    Post #: 12778598
    Happy to hear other views or be corrected but my rough calcs are:

    2014, 65,000 oz at cash cost of $US320 gives $59 of operating earnings at $1200 gold price - 31c per share.

    2015, 200,000 oz at cash cost of, say, $400 gives %166m of operating earnings at $1200 gold price - 81c per share.
    MML Price at posting: $2.27 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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