Mardo, just looking at production costs vs pog, unless pog gets above $1500 Oz, the sp for red is not going anywhere.
Red says costs will be $400 but overall costs likely to be $900oz once things get going, still OK but at the moment red is in the red as far as costs are concerned.
Looks like a long road ahead, so many other things can go wrong as we have seen. Can't see a dividend for along time either so again not much hope for sp.
Mardo, just looking at production costs vs pog, unless pog gets...
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37.5¢ |
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