KMC kalgoorlie mining company ltd

so, I am not a miner, but..ifResource: 250,000ozPOG: $1500/oz...

  1. 98 Posts.
    so, I am not a miner, but..
    if
    Resource: 250,000oz
    POG: $1500/oz (say)
    Gross Value $375m
    Mill Cost: $35m (assume capitalised interest)
    Prod Cost: $1100/oz
    Total Cost: $275m +$35m
    Life 10 years
    Profit per annum $6.5m

    looks cheap...unless I have it totally wrong!! Some analyst explain please? Have i left anything out? probably..but..
 
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