ALD 0.00% $2.20 allied gold mining plc

creaming massive margin at usd 951

  1. SCD
    3,438 Posts.
    when ald completed it bfs, it forcast cash operating costs around $270 oz.

    With gold at over US$951 this morning, and even allowing for an increase in cash costs to cover higher fuel prices, etc...ALD must be absolutely creaming a massive profit margin.

    Look forward to seeing the next quarterly report when ALD will give us the first insight into the Rate of return.
 
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