AAU 14.3% 0.6¢ antilles gold limited

Ann: Pit Inventory for Nueva Sabana Mine, page-2

  1. 287 Posts.
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    Nice,

    How isn't this price sensitive.

    • 4yr initial mine life.
    • Life of mine revenue A$330M. Not sure if this is reduced revenue to reflect the US$22M construction costs.
    • Life of mine operating cost A$165M.
    • Life of mine profit A165M
    • AAU profit at 50% - $82.5M or $20M/yr.

    Even if we had to factor down profits to account for recouping the construction costs, thats still a tidy little earner with scope to extend LOM.

    now if only the share price would increase.
 
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