the facts, page-4

Just to provide some balance...

the 200kpa is only for this year as it included Murchinson and slightly higher output for the year. In 2015 it will drop down to 150k as it is Mt Monger alone and slowly ramping up back to over 200k in 2017.

ASIC guidance has not been provided so there is a chance that costs will be higher this quarter especially with processing lower grade stockpiles. However the trend is going down which is always good. (I expect between A$1000-1200 but higher ounces produced)

Even on 150k/oz at say cost A$1100 (being conservative here) and gold price received A$1425 (higher because of hedging). That gives us Mt Monger earnings of close to 50m/year. Pretty good for a company with a market cap of 210m. That is not including their assets and capability to turn on the ounces if gold goes north of 1600$ again.

There are probably some other goldies out there with better numbers but they are most likely going to be overseas with sovereign risk.