value?16 Jul 2008 10:13
I thought we may have seen some movement this morning after the rns last night.
So far they have poured 14978 ounces of gold at $915 an ounce ($13,704,870), they have only sold 4,954.1 which is $4,533,001. They plan to mine 110,000 by the middle of 2009 ($100,650,000). And the company is currently valued at about £59 million.
Are my sums correct?, if so then this seems an incredibly good buy. Does anyone have an idea of costing for bringing the gold to the surface? And why hasn't the sp moved today?