yes
operating costs for 2020 will be a lot lower than the 391 for 2019 because 40% of the throughput in 2020 will be from the contaminated ore stockpile which has been expensed. So for 2020, 40% of the production will have zero mining costs.
So it doesn’t matter if GXY is selling at 450 a tonne.
Still making a profit even after royalties.
meanwhile we all know AJM, PLS, A40 are all making a loss from every tonne they sell due to the interest they pay.
not advice
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