GREY:GYPHQ - Post by User
Comment by
red911on Jul 13, 2012 9:00pm
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Post# 20112898
RE: 2013-2015
RE: 2013-2015If they manage to achieve 2500 oz per month at cash costs of near $500 per oz by the end of the year it will be a great start. At current POG that's $2.5M in cash flow per month. That would allow for speedy debt repayment of lots of exploration. If POG goes to $2000 per oz we are up closer to $4M cash flow per month. Juniors with no cash flow are in for tough times but juniors that are self supporting should do fine.>