BC8 0.00% 30.0¢ black cat syndicate limited

Ok let's not talk mining costs because there is a full...

  1. 809 Posts.
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    Ok let's not talk mining costs because there is a full feasibility study in place but where that study is dramatically wrong is in the profit margins , gold just hit $3700 which means if production targets are met then at $3700 this project will generate an extra $28 million a year and a safety buffer is now in place , if production was AROUND 20% short of projections the anticipated profits would still be met , this is a very nice position to be in . The Gold price in 6 months time is any ones guess , my guess is a continued firming , lets see what happens .
 
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