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Started with some back of the envelope from the website... Toms...

  1. redsceptre
    5,039 Posts.
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    16/04/16
    18:41
    Post #: 17521586
    Started with some back of the envelope from the website...

    Toms Gully if it has C3 cost of $1,000, $25m capex and about 60,000 oz per annum for initial 3 years

    I put that at a pretty basic NPV of $74m (pre-tax) vs the current market cap of $18m

    Anyone else looking at similar numbers?
    PGO Price at posting: 5.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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