Originally Posted by
peat
lets look at the maths jonu - just simply, as an overview
lets be generous and say there is 500,000 oz of gold. (equivalent incl silver)
lets assume $1800 NZD per oz. = $900,000,000 revenue but we need to take outs costs of extraction and investment etc
From the company - Unit cash costs were estimated at NZ$692/oz.with an all in cost, including capital expenditure of NZ$1166/oz
I'm not sure which of those a new investor should use so I'll be generous and use the lower figure 692
So that means the mine could generate profit of (1800 -692 ) X 554,000,000
There are 2076995855 shares currently (this could increase )
By my calculations that is 24cents per share
How is that so far?