St Andrew Goldfields Ord STADF

RE:RE:Undervalued 78% on AISC. Why?

[TedOwens]

The primary challenge St. Andrew is faced with is their lack of sufficient capital reserve capacity in which to set up the production side of things on an order of scale in order to throughput the resource ounces quickly enough to take advantage of any reserves they may have in place....Considering that it will be several years before production ramps up to catch up with the latest forecasted resource increases makes for a waiting game that is better suited to long term investors who don't need a speculation component to be integrated into the mix..........