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Thread: Gold Juniors

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  1. #11
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by Aaron View Post
    I am not sure if these are juniors but the production is good news but the costs of production are as follows;
    RMS $1,250oz
    SAR $1,075oz
    Doray $1,000oz

    I was going to say the price of gold is $1,095 an oz so not a lot of margin. I guess the price is in $US and maybe the costs are $AUD. If not it doesn't sound like there is too much to get excited about.

    https://au.news.yahoo.com/thewest/wa...erly-guidance/
    https://au.news.yahoo.com/thewest/wa...lid-quarterly/
    https://au.news.yahoo.com/thewest/bu...ng-production/
    Your find in RMS case the $1250oz is a est AISC in AUD ...which they stated they will bet so more likely 1200 so least $300 EBIT per oz so at 27koz =$8.1mill+ AUD compare that to say 90% of the ASX miners that are losing millions per Qtr ...and I know who I'd rather invest in..

    AUD Gold 1580oz
    Last edited by JBmurc; 12-01-2016 at 02:36 PM.
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