The problem is that a lot of the newer projects are lower quality in terms of scale, grade, metallurgy compared to deposits that were discovered 20 years ago.
It's entirely possible for a higher quality project to have a good AISC that is below majors etc. African projects tend to have better grade, be close to surface and with pretty good metallurgy.
Perseus' Yaoure would be a good example in recent years. AISC in feasibility (~2019) was US$734/oz in the first five years. It's been within 5-10% of that for the first three years despite the cost for the rest of the industry being ~25% up (my estimate), although creeping up more now.
The problem is that a lot of the newer projects are lower...
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
-0.015(7.14%) |
Mkt cap ! $404.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 18.5¢ | $2.000M | 10.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 129999 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 380313 | 3 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
20.0¢ |
Change
-0.015 ( 4.76 %) |
||||
| Open | High | Low | Volume | ||
| 19.0¢ | 20.0¢ | 18.5¢ | 4077053 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| PDI (ASX) Chart |