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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?

To: mineman who wrote (873)3/30/1998 11:28:00 AM
From: Bill Jackson  Respond to of 1706
 
250,000 Oz times $111 = $27 million
60 Million Lbs x .32 = $20 million
Total $47 million.

Looks OK to me, but if we put copper at $1 and gold at $325 it goes to around $80 million, so I see it as a good shot. In addition they may have been very conservative in their estimates(Kilborn usually is)
and that and tuning will allow for better cash flows.

Bill


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