Has anyone else tried to put some figures on the FCF potential of PGO, across both Tom's and Rustlers, in current gold price environment?
I've started a back of the envelope, interested for others to poke holes in it or expand as required. Couldn't find a solid number for Rustlers proposed production level, so estimate based on the historical in mid-90's and what would seem reasonable;
Column 1
Column 2
Column 3
Column 4
0
Toms
Rustler
1
prodn
ozpa
65,000
50,000
2
AISC
$/oz
$985
$1,100
3
POG
$/oz
$1,795
$1,795
4
margin
$/oz
$810
$695
5
FCF
$pa
$52,650,000
$34,750,000
6
FCF total
$pa
$87,400,000
all in aud
food for thought! explains why we are seeing solid support at and above 9c which is still only a $40m odd market cap
PGO Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
