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Chelski

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Chelski

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Re: TexasRambler post# 52759

Wednesday, 05/18/2016 6:28:24 PM

Wednesday, May 18, 2016 6:28:24 PM

Post# of 63744
Not my opinion. Copy and paste from Seeking Alpha.
He's calculations for a full year are based on $1200 a ounce ( $1109 after streaming deals) . Gold has been trading $1250-$1280 for a while now.
Twangiza output will improve by H2 .
As well as cash cost improvement by H2 . We need POG over $1300 and refi of the bond payment due in 2017 . Other than that there is a reason we trading at .30 and not book value $2 and that's debt.
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