So within the announcement about the Mt Porter campaign, the following was listed, I thought it worthwhile lookign at current POG to work out what each A$10/oz increase means seeing as the investing game is about probability outcomes
At a Gold Price of A$1700/oz, the net cash to Ark from the project (including all company overheads) for the period is A$9.5M to A$11.5M after all costs
so whilst these don't look like big jumps, against our current market cap and against a small number of shares on the register, they start being very meaningful
ie $3M special distribution would be ~6cps
I assume others are looking at it through this or similar lens?
AHK Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
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