Paul did snswer analyst question in presentation about a year ago for anticipated cash cost of production...paul replied it will be high 700s or something if they find oxides to reduce the cost...now add inflation, other cost and with the recent announcement of without oxides...they are drilling other sites now..it looks like this will just go on until they find oxides...they have big ground to drill but they are not finding what they looking for (oxides metallargy)...if they need to recover gold with sulfides or without oxides, it will add significant cost per tonne...that ultimately puts questionmark on viability of the project...thats the pfs has been delayed on the past and may get delayed again..i have a feeling this is going to bring nasty surprises..
AMX Price at posting:
48.0¢ Sentiment: ST Sell Disclosure: Not Held
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