Hi sorry the start of a new tread, I couldn't find a similar subject on this board.
I believe POG will sky rocket this year and leave $2000 levels as support, hence good time to invest in gold miners..
Already own a UK miner and was looking at other opportunities. I see TIE very promising from production growth (leach project) and resource growth (high grade and only 10% of license explored).
I just wonder if anyone can comment on this bit below:
Abujar DFS forecasts gold production averaging ~200,000 ounces per year over the
first six years of production at a weighted average all in site cost (AISC) of ~US$800/oz
=====
Although an AISC at $800/oz is very low (indeed possibly the lowest out there among gold miners)
I just wonder if the terminology "average all in site cost" is not a trick to confuse the reader with "all in sustainable costs".
Pl don't get me wrong I do think TIE is a very good investment proposition, is just that I am trying to predict what to expect when profitability numbers will come out...
- Forums
- ASX - By Stock
- TIE
- TIE Profitability
TIE Profitability
-
- There are more pages in this discussion • 119 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TIE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online