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