If we compare to other miners ROXG has 50% discountThis is our close neighbour in Burkina Faso:
Take a loook at Semafo reporting today, they have a m-cap of 900 million and a AISC of 1000 $ per ounce. Cash Flow from operations $21 million in 3Q. Outlook 265.000 ounes 2019.
ROXG m-cap 300 milliom, ASIC $700 / ounce and in Q2 and $25 million Cash Flow from operations 2Q. Roxgold has an outlook of 150.000 ounces for 2019.
So Roxgold has a 30% lower cost and a 20% stonger Cash Flow from operations even as they produce much less ounces, this because the have much higher grade than Semafo. The Share price / M-cap of Roxgold could double without looking expensive compaired to Semafo.