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0.00% $4.69 saracen mineral holdings limited

245,000 ounces at AUD$1470 gives us earnings of about $171mwill...

  1. truthfulword
    420 Posts.
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    18/11/19
    10:17
    Post #: 41479076
    245,000 ounces at AUD$1470 gives us earnings of about $171m

    will take 3.5 years to repair wall and return to full historical production of about 350,000 ounces per year with lower AISC

    350,000 at say AISC of AUD $1200 would be $315m assuming gold still at AUD$2100

    guess depends on time frame and costs of capital to fix wall

    SAR Price at posting: $3.39 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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