RE: New Gold high above $2800/Oz and we drop!1 Feb 2025 10:05
I think the market has some worries about this 34 million investments in modernisation/developement in 2025 but the on-mine costs are 1050-1150$ ..so appr. 120 million USD cashflow comes in (€ 2800$ POG) ... the investments makes Blanket more resilent for the coming 10 years... i think its a good decision to do this upgrades ... now investors wait for the FS of Bilbaoes... IF the study delivers good results i will buy more stock