IGR 0.00% 50.0¢ integra mining limited

time for some sums

  1. 778 Posts.
    OK... CC has indicated with underground at Maxwells and the open pit, he wants to initially start with 100000 oz/yr

    Avg cost to mine????? $574 with the OP..what about the UG??? $700??? Maybe an average of about $650??

    POG atm $1125....so we are looking at approx $47500000/yr profit

    So what does that make a company that has 700m shares worth, going forward
    I know there are lots of variables, plus debt repayment and further drilling expenses...but makes you wonder what IGR is really worth..
 
watchlist Created with Sketch. Add IGR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.