SAR 0.00% $4.69 saracen mineral holdings limited

You can keep peddling fear about a gold downturn or you can look...

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    You can keep peddling fear about a gold downturn or you can look at the numbers. Post #: 47901613

    1.815 million ounces at an AISC of $1,350 in FY22.
    It is a steady increase to 2.187 million ounces by FY28.

    Do some maths, even if the POG retraces back to $1400 aud which I doubt... This will still make $90.75 mil profit for FY22, much more if I include the hedges into the calculation.

    Do you know what your beloved Z1P will make in FY22? I'll give you a hint... It's in the negative.
 
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