AAU 33.3% 0.4¢ antilles gold limited

whats it worth??, page-5

  1. cy7
    930 Posts.
    1kg = 35 ounces
    Ratio of gold to silver 1:9
    Each kg doré has 3.5 ounces Gold and 31.5 ounces Silver
    3.5 * 1350 = $4725 (forward sold)
    31.5 * 33.5 = $1055
    $5780/kg doré … That’s pretty rough old guess … maybe $5000/kg to play it safe.
    Only problem is we have to be able to produce it first … who knows?
    Update would be nice … new 5cm Isa Mill up and running in 2 weeks?
 
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