underperformer, page-11

Woodchips,

Prominent Hill is actually a copper deposit – known colloquially as a IOCG (iron oxide copper-gold) deposit. You have to trust me when I say that ignorance is bliss – but the two deposits are not comparable. Try Olympic dam. Secondly, capex is colloquial for operational costs, not fixed plant and materials. It is not the C3 cost you are trying to quote (as per ounce), because it incorporates amortisation and depreciation. In regards to the big boys – hmmmm... I was under the impression (given the number of big boys I have talked to) that “all of them” have visited the site a number of years ago. I suppose they can visit multiple times?

In regards to the last comment – that is more of a personal attack, and I was just trying to give some perspective – so I won’t comment.