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4.55% $1.04 ansarada group limited

Adwebster,See my previous post "cerro pfs".They have selected a...

  1. FiendishRedbeard
    7,936 Posts.
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    29/11/08
    10:55
    Post #: 4555585

    Adwebster,

    See my previous post "cerro pfs".

    They have selected a slighlty larger plant than what i thought, with further exploration success they could produce 300-400k+ Aueq oz per year for much longer than the 2-3 years they indicate at <$200/oz cash costs. Im sure this is the managements aim.

    There is no other company on the asx with this planned production vs cash cost profile which must make it on the short list for any cashed predator with the current sp.

    KCN was right just not good enough.

    AND Price at posting: 66.5¢ Sentiment: Buy Disclosure: Not Held
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