dEfinately...back of envelope stuff that. It's never that simple of course. Be interested to find out what risks have been identified and what plans are in place to mitigate those risks i.e. operational issues.poor grades, mill breakdowns, LTI's , acts of god,etc , etc..
After watching AAM blunder along, its easy to see how easy these ventures can come unstuck!
I'm hoping for about 50koz this year @800oz total cost to allow for all other contingencies...
good luck to all...
IGR Price at posting:
33.0¢ Sentiment: LT Buy Disclosure: Held