p1 of the DFS from 19 Sept 2011 specifically says
"- c1 operating cost of $395 per oz eq (after Pb - Zn credits)
- avg annual production exceeds 50koz pa gold eq LOM"
the most recent preso doesnt put the 2 items together - in the appendix theyve broken the revenue line down to metal types as required by JORC which is fine
So my point stands. And you seem to be punching shadows.
As i said - Im not denigrating the projects profitability or saying it shouldnt go ahead.
Its just horribly inferior to TRY or SLR if you want leverage to gold price earnings because its much smaller gold ounces produced.
eqaully its less risky if gold doesnt move but base metals start climbing.
