now he is hung up on start up cost to rox
that will fall too
Thanks for a positive comment punter, your enthusiasm for Rox is commendable especially for a non holder.
But I can't see the preproduction costs falling.
There is a very good chance that the impact of the soaring price of gold will far outweigh the inflationary cost increase by the time Rox gets into production. And Rox's preproduction costs are so low by industry standards a cost increase will still position Rox as a low startup cost leader.
Interesting that Ore Banda the another company that Hawke's Point has a large holding in presented a very low preproduction cost study and subsequently Hawke's Point lifted their stake to 46.6% of the company.
do not advertise external links.au/companies/news/929392/ora-banda-mining-substantial-holder-hawke-s-point-group-lifts-stake-to-4664-929392.html
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