Paper
Share price has dipped whilst Md is dipping into the trough at the Melbourne festivities.
But, gold is holding and even climbing a smig.
so gold at $A1400 and costs at $A700 ish leaves a good margin ,in fact look at this way
$A700 per ounce margin/6 tonnes of ore to the ounce
$116 PER Tonne margin
Not bad, try getting that out of Iron or Coal
The other takeaway is operations to commence February 2015 ! Hello, happy New Year
Could we would assume there would be a funding announcement imminent and Capital raise or merger not far behind
SP to sky rocket
So why so cheap ?
Paper Share price has dipped whilst Md is dipping into the...
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