Bullish Reversal Chart, page-1426

It is beyond my knowledge here regarding your point. Happy to hear expert view here.

@29101971 used the lowest ASIC price of USD $1000 which is equivalent to roughly AUD $1500 ASIC.

There are obviously many factors that determine the final ASIC figure, including annual production, labour cost, energy, water, logistics, distance to deep water port, environmental regulations, deposit depth and stripping ratio, gold deposit structure type as you point out,....Many of these costs are exorbitant in Australia compared to Malaysia.

Financing costs in terms of debt, convertible notes, fees,....are also major factors in final ASIC and BAU project is in a lucky position with AUD $450mil (USD $300mil) pre-payment deal from Quantum.

So I guess for now we should stick with ASIC of USD $1000 or AUD $1500/oz to be comfortably safe.