The issue I see is the lack of a copper kicker. Cadia has a lot of copper - it'd probably be ~30% copper revenue.
If you look at the reserve grade from Cadia it is also quite a bit higher than the resource grade, which probably means some of the resource material starts to become uneconomic <0.3 g/t.
Cadia costs are also going to rise quite a bit over time relative to where they are in 2020. They had US$113/oz AISC last quarter but they were mining 1.4 g/t Au equivalent.
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Ann: Significant Expansion to Mineralisation at Boda, page-51
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Last
64.5¢ |
Change
-0.005(0.77%) |
Mkt cap ! $393.6M |
Open | High | Low | Value | Volume |
64.5¢ | 64.5¢ | 64.5¢ | $30.33K | 47.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 79438 | 64.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.0¢ | 24690 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 54787 | 0.645 |
15 | 84381 | 0.640 |
4 | 19851 | 0.635 |
11 | 67445 | 0.630 |
6 | 90811 | 0.625 |
Price($) | Vol. | No. |
---|---|---|
0.650 | 15573 | 8 |
0.655 | 7522 | 2 |
0.660 | 67207 | 7 |
0.665 | 4575 | 4 |
0.670 | 74744 | 6 |
Last trade - 09.59am 21/07/2025 (20 minute delay) ? |
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