Actually looking at their last quarterly they have given very accurae estimate for all costs
Exploration - 1.4 M
Development 3.1M
Operations - 75 M
Admin -1.6M
total 81.1M
assuming they achieve their 75K ounce target and we use average 1550AUD per ounce at t sale price it would mean an additional 116.25Million in Sales less al of the 81.1 above means net growth Cash by 35.15 M AUD
this would imply cash + old of about 80 Millon by end of the year. Again making 3 cent dividend quite easy.
Ie 80-15 = 65 Cash + Gold stil in hand.
Actually looking at their last quarterly they have given very...
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