Interesting numbers on mining right now, we certainly are profitable at these high spot prices, that using fresh costs and recoveries.
The thing that will probably bother a few people is the $2.4k pit shell, it might spook a few, but we have to remember it doesn't mean we need $2400 gold price to mine it, even though it's knocking on the door of $2300 right now, it just means we need $2400 gold to achieve the profit we thought we would have.
There will be $100/oz less profit than expected, but if we are producing it for $1300/oz instead of $1200/oz who cares.
Echo used $2250 pit shell also below spot at the time and it certainly didn't bother NST from buying them out for a big sum.
Lets get this baby relisted already.
Ann: Dalgaranga Gold Mine - Robust Updated Mineral Resource, page-3
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.18 |
Change
0.060(5.36%) |
Mkt cap ! $1.306B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.20 | $1.14 | $5.063M | 4.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18296 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |