EXG 0.00% 3.5¢ excelsior gold limited

The word is getting out, page-5

  1. 23,169 Posts.
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    Let's assume that volumes/grades throughput to date as announced early Feb
    are a month's mature procuction:
    Mine..............................tonnage..................grade...................recovery rate.................ozs AU
    Castlereagh...................31,900....................1.69........................90%...........................1562
    Jackorite.........................9910.....................2.88........................90%............................826
    Big Blow South...............11,000..................2.15.........................90%............................685

    Totals..............................52,850....................................................................................3073

    Same ann said that tonnage for year would be 650,000 ton
    52,850 ton about one twelveth of the forecast annual throughput OR a month's throughput.

    Now lets annualise the above 3073 ozs and we get 36,876.

    Again, lets be conservative @ $400/oz NPAT, that's $14.75 mil profit or an EPS of 3c.
    Again at a conservative P/E of 10, that's 30c Share Price, IMO.

    MM

    NB: Please do your own research and seek the assistance of a licensed financial advisor before making
    any investment decisions.

    MM
 
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