- They've only explored a portion of the 70km sqr of land they...

  1. nickoo
    1,816 Posts.
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    11/01/03
    17:36
    Post #: 105037
    - They've only explored a portion of the 70km sqr of land they control.

    - RBK's est. high production costs of US$200/oz make it considerably more leveraged to a rising gold price than most other producers.

    eg; Cash margin at POG of $US300/oz... (300-200) = US$100/oz

    Cash margin at POG of $US400/oz... (400-200) = US$200/oz....ie. double!

    Cash margin at POG of $US600/oz... (600-200) = US$400/oz....ie. double again!



    ...RBK's a type of perpetual call option, with the undelying being POG !!
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