MCO
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0.00% 11.0¢ morning star gold n.l.

zones of focus, page-58

  1. nk
    3,086 Posts.
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    16/09/09
    17:52
    Post #: 5651243
    also Robert the gold price was around AUS$900 when that 8gpt was used.

    which gives about $220 per tonne cost, so the margin at 16pt is 600 less 225 = $375 per tonne and at 12gpt $225 per tonne margin

    and of course at 20gpt its $550 using AUS1200 gold

    or about $12million pa cash flow with no CAPEX

    MCO Price at posting: 31.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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