MON monarch gold mining company limited
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av. cost of $610p/oz110k oz p/aback of the envelope EBIT AUD$58m...

  1. Android789
    1,693 Posts.
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    29/09/09
    10:20
    Post #: 5706247
    av. cost of $610p/oz

    110k oz p/a

    back of the envelope EBIT AUD$58m p/a on today's gold at around AUD1100. Gold at 1500 gives around $100m EBIT. AUD will rise with gold though.

    Is he dreaming again, or maybe he timed it well enough???...

    MON Price at posting: 29.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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