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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

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To: Donald F. DeKold who wrote (3920)7/29/1998 1:31:00 PM
From: tom shelby  Read Replies (2) of 4718
 
ANZ estimates two years of production from what has been discovered to date, which is about 160,000 ounces of gold and gold equivalent. This would be about 80,000 ounces per year. ANZ went on to say this could be done debt free using current resources. What was not said was what they thought operating costs would be. This will no doubt come out in the report which will take 6 to 9 months (my guess) to finalize.

Any speculation out there on operating costs, net profits and dare I say it--earnings.
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