hiho about to blow, page-54

troyus mate you are barking up the wrong tree

Sept quarter they were stoping low grade blocks. less than 10gpt. If you pull out the grade map of the blocks you will see them in blue and green

now we are going to stope the red and yellow blocks. The red ones are bonanza.

On top of that the company clearly stated that 45% of the cost associated with mining the Xmas Flat open pit were expensed in Sept against 7% of the gold, which means $250 of cash cost was a one off and of course when they mill that free gold in Dec and March quarter will reduce cash cost by a similar amount