NGF norton gold fields limited
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PaulIf they produce 70k oz in the next six months, if the gold...

  1. triage
    4,636 Posts.
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    18/04/11
    15:42
    Post #: 8283440
    Paul

    If they produce 70k oz in the next six months, if the gold price stays at about $1400 per oz, and if cash costs don't rise about $950 per ounce then they should have $31.5m of free cash by the end of September.

    At least on cash costs they should easily do better than that.

    It is doable imo.
    NGF Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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