AXM 0.00% 1.1¢ apex minerals nl

gold price hit a$1470, page-4

  1. 226 Posts.
    Yeah, the only problem with that gold price mi is that, going on the last quarterly, cash cost of production is $1485 an ounce so it STILL isn't making them any money.

    I've no doubt you're right, a monkey should be able to run a profitable operation at that price, but Apex can't.

    Best of luck to you and all holders, but going on the last quarterly, they've got no money, no profitability, and (IMO) no chance.



 
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