im pretty much a beginner to interpreting DFS's, I have a few queries regarding the numbers. please let me know if im on the right or wrong track:
- Total production ovr 7.3 yrs = 390,000 oz au equivalent - Price for oz au = $1,450 - Total in ground value (no costs) = $565M over life of mine or $77M per year (based on 7.3 yrs)
Which brings me to the question, the Net operating Profit states $95M (based on $1,450 oz au).
From the above the $95M is over the life of the mine, meaning per yr it would be approx $13M/yr pre tax?!?
Is that all correct?
YTC Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
