Very positive reportHere are the highlights of the new report
1) Cash costs of only $ 98 per oz Au. This is like a dream come true for a mining company. All the byproduct metals pay the bills and the gold is essentially free. It doesn't get better than this.
2) Strip ratio of .77 ( waste to ore). Another dream because the ore is sitting there right on surface. The perfect scenario for an open pit mine. Very little waste to remove
3) NPV of over $1billion dollars with no discount applied. Talk about a deal a
.30. This company is trading at a fraction of what the asset is worth.
Now the lowlights of the report
I'll be dead in 38 yrs so i'm focusing on the next 38 months.
duuummmm