doh, page-48

As discussed sometime back the nature floor price LT is going to be the median marginal cost of production $1300-$1350 for the majority of what is mined today and near term. The weighted average marginal cost of production may improve over the next few years but not materially given lower overall grades & higher strip ratios.

So where does this leave SLR?......$200/oz minimum below the above!!!!

Refer to Shareholder5's previous contributions to this debate a month or 2 back on this thread for more details.