MAT 0.00% 3.0¢ matsa resources limited

I think they quoted an AISC of $1140/oz on their trial mining so...

  1. 3,899 Posts.
    lightbulb Created with Sketch. 1273
    I think they quoted an AISC of $1140/oz on their trial mining so we're talking about $500/oz profit at thw current gold price.

    I'd hope there would be some economies of scale with a larger operation and I'd also hope we have a higher gold price.

    In short, MAT is a screaming buy IMHO.
 
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