Well found malmanu. I saw some CAPEX intensity information in that Patterson's link you provided also, and thought at the time that if EQX can get a 5mt/pa operation up and running at that $250m cost, we would be looking at $50p/t, which was exceptional when looking at the other miners shown on that graph. Seeing it in a presentation by another company is great confirmation because I wasn't sure if I was calculating it right!
If EQX can't get up and running then it's going to be awfully hard for those companies without infrastructure to do so.
legandary, I agree that the $50 OPEX is conservative, but there is nothing wrong with playing it safe. Once we get the JORC for Mayoko hopefully it won't be too long before NDIS & EQX start releasing that kind of information (possible OPEX's, CAPEX's etc) for the market to consume. I was really happy to read in that interview with Welborn I posted yesterday that the behind the scenes study type working is progressing at full steam at exactly the same time the drilling is as well.
EQX Price at posting:
$1.77 Sentiment: Buy Disclosure: Held
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