General discussion, page-988

Am I missing something - why the talk about costs?

From the september quarterly - very roughly:

-6.366m costs + 0.257m stage 1.5 = -6.109m

6.109m / 34991 tonnes ore processed etc = $174AUD/tonne processed.

Now obviously that 6 million number has transport etc in it as well, so its more like a total cost per tonne actually.

$174AUD / 1.45 = $120 USD / tonne - for breakeven.

Does this make sense?

Why would we expect costs to have changed materially from jul-aug-sep? what has happened? Doing the same stuff as Q3; processing, transport etc...