Does anyone have the estimated Cash Costs to produce the gold in December and the Operational Costs to hand?
I had read up on this stock last night (under the midnight oil) and found it hard to get a fix on costs and oz production. I think it is about $500 – 700 Costs and looking to produce <30,000 oz PA and possible 7000 oz in December QTR?
The stock looks good to me (IMO) as Dec production good; Costs OK; Plant good; Debt low; Resources need to grow (drilling now and a needs basis); 1M – 2M in bank; and 147M shares OK.
Did I get close to correct?
Good luck Holders. PS: I am a Holder not a Trader as POG may go berserk and I compared this stock to say 20 other similar stocks based on paragraph 3 above
AAM Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
