the scoping study outlines the worst case scenario. that is, if we find no more gold other than what we already have then.....
~ Cash surplus of AUD$427M after payback of AUD$52M capital cost and State Royalties
~ Annual production of 50,000oz Au, 2,000 tonnes Cu and 34,600oz Ag
~ Cash costs over life of mine estimated at AUD$524 / oz
~ Contained gold ounces of 578,000oz (including 100,000oz open pit and 478,000oz underground)
$427 mill, I'm happy to wait
worst case scenario
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Mkt cap ! $77.29M | |||
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