NGF
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0.00% 25.0¢ norton gold fields limited

Hi GusThe total production costs were $988/ounce which should...

  1. rumot
    480 Posts.
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    25/10/10
    21:48
    Post #: 7382471
    Hi Gus

    The total production costs were $988/ounce which should include capital expenditure on the project.

    So the profit from paddington should be $16m per quarter.

    I agree the options give off a bad smell
    but I thought this quarterly was good news that things are starting to head steadily in the right direction.

    Rumot

    Ps please correct me if I am wrong
    NGF Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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