Half Yearly Report, page-54

Yes IMO they will need a gold price of around $2000 an ounce to cover the huge amount of waste for the little pockets of gold.from memory There is 16 km of reefs to 1200 m deep that make up the jork. Given a good mine will give you 1000 oz per vertical metre over a strike length of about 400 m .puts CTO into perspective. Very poor vertical metre oz to the long strike length of the reefs. I could be wrong but that was when I woke up and realised if my calculations were correct then CTO was never likely to make money​