MDL 0.00% $1.75 mineral deposits limited

2007 2008 150 m per annum income

  1. 172 Posts.
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    The annual report is a great read, MD estimates are for annual gold production of 150,000 oz
    annual zircon production of 85,000 tons.

    Costs are 110 and 130 M respectively.

    Based on current spot prices for gold $600 US oz and zircon of $700 US ton.

    I get annual income of 150,000,000 US.
    Assume costs of 30% gives 100,000,000 US per annum income.

    300 M shares on issue thats 30cents per share for the life of the mines.

    Some one please tell me if any of the assumptions are wrong!!.

 
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Currently unlisted public company.

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