CMM 0.16% $6.43 capricorn metals ltd

The "...using a gold price of A$1750/oz..." means they modelled...

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  1. 31 Posts.
    The "...using a gold price of A$1750/oz..." means they modelled the resource on a sale price of A$1,750/oz. They actually don't talk about the all in cash cost of extraction or give an NPV for the project. The way this reads is that the extra ounces came mostly from putting A$1,750/oz shell around the resource instead of the A$1,600/oz shell they used last time. It doesn't seem like a very good update to put out there at all since the gold price is only at A$1,796 as we speak and could drop below $1,750 any hr of the day.
 
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