sorry to be a bull. But things may not be a dire as they seem. Just looked up the company's most recent presentation at the Denver Gold Forum in Sept this year
ASIC costs '13 = A$1,283 POG yesterday = A$1285
almost break even
Plus three pieces of positive news 1. No debt financing until Sept '15 2. cost forecasts to fall in '14 to $1,200 3. Predicted POG in '14 = $1,450
Based on these facts the company is likely to stick around for at least two years
NCM Price at posting:
$11.18 Sentiment: None Disclosure: Held
