Great points! Especially RE interest in the operation
I was very conservative on the assumptions of $150 margin
Gold is currently $1300 usd per ounce (I feel it will go up)
I think the margins will be closer to $300 USD per ounce once operation is at 30-40,000 ounces per year and 66% of that is $200 USD
Falling aussie will only make the yield larger!
I have various target prices and will be upfront about selling
I will attempt to freehold from 3c (if achieved) then I will attempt to sell at probably 10c, However company announcements will always change my mind!
Sensitivity Analysis and MC valuations, page-5
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