Post by
AngelEyes3 on Oct 25, 2020 7:20pm
Cost vs profits
Current costs to produce a oz of gold is 1000 US and current price of 1900 gold. that means 900 profit per oz of gold and production forcast of 90,000. That means profits of 81 million and they expect to do 10 million on exploration in the coming year and now paying a dividend of approx 5 million. So a profit picture of 75 million is very nice and worth sticking around for.
Comment by
aspen865 on Oct 26, 2020 1:27am
This post has been removed in accordance with Community Policy
Comment by
Golder007 on Oct 26, 2020 10:44am
5 million dividend per quarter, 20 million per year.