Post by
Brioche on May 27, 2021 2:58am
Toro: while am not a fan of fino
The toro project has to be considered :
Pea 2019 was based on 1300 $ gold . We are at 1900 now .
Aisc .. 780 . So 1100 $ net margin on each oz
7.5 million pp.
The costs will be always above the presentation . However there is enough space to make money there .
Let's hope fino will announce the construct of a plan right after the deal .
Comment by
invest234 on May 27, 2021 10:01am
using your numbers $1100 net margin x 7.5 mil oz = $8.25 billion chop off a few billion for higher expense than expected and tax, that still makes a few billion $$$ in profits.