Ann: Stirling to complete Monarch Gold transactio, page-5

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  1. 2,213 Posts.
    re: Ann: SRE: Stirling to complete Monarch Go... ijh, yeah buddy 1:1

    If they can get near the forecast 110k ozs pa and gold ticks up as I suspect then you MAY just get your money back plus some more.

    At a cash cost of say $650p/oz (time will tell lol) and a gold price in 12 months of $2.5k AUD (I actually think it could be higher), then this could amount to a tidy little profit.

    Given that it will likely hit the market at a few cents per share then it's hardly worth selling.

 
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