CHZ 4.17% 12.5¢ chesser resources limited

cash costs have not been forecast, but if we assume even...

  1. 260 Posts.
    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
 
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