News: Cobar Consolidated Video "People with mettl, page-12

re: News: Cobar Consolidated Video "People wi... thrones posted: "Is the ~10.50 operating cash costs take into account the lead? thought *without* lead it would be about that much."

for several years ian lawrence has been consistently stating the same estimated production cash costs, i.e. $10.50 per oz (excl. pb credits). originally they also were estimating $6.50 per oz incl. pb credits but they seem to have gone a bit quiet on this lower figure. i believe they were still having some issues (maybe 12 months ago) with the pb recovery and i've not heard that this issue has been completely resolved.

i note the video just posted on brr refers to lead recovery so presumably there is still a plan to recover pb.

i would guess that the actual cash cost would be somewhere between the $6.50 and $10.50 figures.

i seem to remember the pfs was done when ag prices were around $20 per oz and the economics were still compelling. at ag prices circa $30 the cash flow should be extremely healthy ...

k