Nihilism, Agree the details are lacking but I would think they have progressed most discussions on Financing, production estimates and timing to a point where they could comfortably agree on $55/t.
SO your estimate of around $10/t for processing is very interesting. The MD's comments from todays ann:
"With relatively modest forecast costs, production from Marianas will provide healthy margins at the mine gate,” Mr Darby said."
it's the "will" I like...your costs obviously are pure at mine expenses and not inclusive of corporate overheads right? Even so makes my 30% margin look small...
Jaz
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