AAU antilles gold limited
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1kg = 35 ounces Ratio of gold to silver 1:9Each kg doré has 3.5...

  1. cy7
    930 Posts.
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    11/10/12
    11:33
    Post #: 10844608
    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?
    PGI Price at posting: 14.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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