AAM
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1.67% 5.9¢ aumega metals ltd

Cash profit = circa $650 per ounce...650*2500 =$1.625M monthly...

  1. ricee007
    434 Posts.
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    06/12/09
    23:45
    Post #: 6009949
    Cash profit = circa $650 per ounce...
    650*2500 =$1.625M monthly profit...
    2 months profit = enough to upgrade the plant.

    (Hmm, does the stated variable costs include a share of corporate overheads or not? Hmm. No idea... but, at any rate, as you can see, 2- 3 months should be enough :)).

    AAM *COULD* dip tomorrow, what, with GOld dropping $46.10.... but, hey.
    AAM Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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