GCY 1.82% 54.0¢ gascoyne resources limited

Good Question .Sorry if the below ramblings are not conclusive :...

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    Good Question .Sorry if the below ramblings are not conclusive :
    One way to value of this stock is based on its NPV and the probability of obtaining that NPV plus some exploration potential .
    Unfortunately due to a lower grade reporting to the mill than the Bankable Feasibility study the NPV will be lower , the mitigating factor is the mill is capable of throughput up to 40% higher than its name plate capacity , it would be interesting to see how much that increased mill capacity will reduce the higher C1 costs of a lower grade .
 
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Currently unlisted public company.

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