To be perdantic - Correct - Jundee (yes, consistantly the 350 series averaged between 0.3-0.6m wide, diluted grade still up to an ounce) at the Westside System - using mechanised mining methods - their cash op costs we'rent always that high, and they do have a ludicris top heavy management structure.
Jundee also had mill feed from Low-grade stockpiles and satellite pits, however up to 80% of Au came from UG - would think was/is the largest narrow-vein gold producer in Australia.
But hey, I don't pertain to think TAM can do anything other than burn cash. (Disclosure: former TAM holder)
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