The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I honestly don't see how anyone can blame SD for today's share price. He is doing what he is supposed to do and he has only been in place for over a month or so. Give it time, even though I hate the SP being where it is !
I agree and admit I did get a bit shirty today, I put it down to the share price it affects us all, yes I know it's the future that counts and will bring huge returns for investors. But daily drip drip is like Chinese water torture, well done all those that can sit back and not be affected in anyway by this constant sp control !
12m tons per year processing x 1.5g/t divided by 28.4 ( g /Oz ) divided by 4 ( our share ) is roughly 159m Oz per year take 90% recovery = 143.1m Oz per year @ today's gold price and all in cost of $800/Oz .. .. gives us before tax a return of 143.1m Oz x $1000 ... obviously this is when in production , but it makes you think just how big is this !!