Do the math on that... Argo say AISC will drop to $1100 per ounce with production at 100,000 ounces per annum.
$1770 - $1100 = $670 margin
$670 * 100000 = $67m profit
Annualised profit of $67m per annum before the end Q4, yet here we are with an EV of $110m.
Tick tock - poor index funds having to give it away to me.
Do the math on that... Argo say AISC will drop to $1100 per...
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