NGF 0.00% 25.0¢ norton gold fields limited

feeling sexy guyslet's assume a gold price of AUD $1000...

  1. 884 Posts.
    feeling sexy guys

    let's assume a gold price of AUD $1000 throughout 2006.

    currently producing at a rate of 180k ounces p.a

    assume cash cost of AUD 600 an ounce

    operating profit = 72 million - exclude hedged production

    interest - 4m

    profit before tax = 68m

    NPAT = 47.6

    current market cap = 210m

    p/e = 4.4

    + mt morgan production and ngf is cashed up for further acquisitions

    very bright future indeed
 
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