INVESTMENT CONSIDERATIONS
Revenue generating, high profit growth, no borrowing, diverse asset/metal base, experienced miners
Revenue up, costs down at Mineral Hill over next 12-18 months (with additional upside from Au head grade)
- Targeting $70-$90m Revenue p.a.
- Underexplored
Sorby Hills commissioning and mining in FY14
- $70-$90m Revenue p.a. for Stage 1
Capital structure is unleveraged = production flexibility, enhancing capital preservation
Metal and mine diversification to reduce commodity price and operational risks
Experienced team.
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