cash costs have not been forecast, but if we assume even $600/oz, and with the $AUD/USD dropping, does that mean a profit of around $A1,000/oz ?
I know there is transport etc but they claim the infrastructure is all there so that can't be much.
Even with their 496k current resource, if they mine 50,000 a year over 10 years, that's a profit of $50Mill a year, more than the current market cap.
Zaaro
presentation, page-2
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