AUL 0.00% 28.5¢ austar gold limited

WTF, page-3

  1. 11,416 Posts.
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    For those that haven't done the numbers here are some quick ones for you. Don't mind if you post corrections. No need to behave like a special boy if you find an error.

    Total number of shares after acquisition: 59,183,333?
    Market cap @ 30c: $17.7m
    Cash on hand after completion: $5m

    Based off CTL producing ~4000oz per quarter breaking even at $1650oz
    Cost reduction of local production not included
    Current gold price $2160/oz
    Projected annual profit from A1: ~$8m pa

    PE ratio of 2.2
    Other Aus gold mines running at PE of 10-20

    Additional mines MS, RoD and Maldon not included
    Other prospective areas outline in Post #: 40695157 not included.







 
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Currently unlisted public company.

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