GREY:VITFF - Post by User
Comment by
Pete1986on Oct 06, 2022 8:01am
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Post# 35008727
RE:LUG Q3 production - 122k oz Au v.s VGCX 50k oz Au
RE:LUG Q3 production - 122k oz Au v.s VGCX 50k oz AuLUG is one or even the best gold mine in the world. Numbers are absolutely amazing. The make hundrets of million FCF each year, paying 100 mio USD dividend, got a 10 mio oz high grade resource with amazing upside, got the Lundins, Newcrest is also heavly investet.
So they produce close to 500k oz per year with AISCs below 800 USD. Compared to maybe 155k oz with AISCs of probably 1600 USD or even higher, VGCX doesn't look that good :)