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04:11
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Originally posted by lindentree:
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first thing to know is that there is never a surplus cash that includes bm minings share...bm's share of cash is an expense for awj, the same as any other bm mining cost, to think in terms of a 9mill surplus is illusionarywere their calculations that bad or did they find (as i said) they were losing money at 1.5g and were forced to high grade it and leave a lot of 1.5g in the paddock? this would be taking a short term gain at the expense of the full mining operation.
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I would be a bit worried if your pricing mining yet find yourself unable to do the maths.
(20min delay)