MYG 0.73% 69.0¢ mayfield group holdings limited

here we go, page-35

  1. 683 Posts.
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    Well i dont know why everyone is going on about the prices used in their projections - we can do all do our own math when it comes to projections we think are more suitable.


    The 2 major points i wanted to get out of it, and are EXTREMELY happy with:


    Capital costs of around $85million which is to support a bigger operation then in the BFS, this will be a 100k oz per year operation atleast.


    $617 cash cost per OZ EQUIVALENT - i capped that, cause that isnt just cash cost per au oz, as in the credits from silver and copper, this is just the costs of producing - that is massively low.

    Ide say when including copper and silver credits, your looking at sub $500 cash costs per oz of gold produced - this is extremely low, and is the main thing i focus on.


    As this project grows and looks to produce over 100k oz of gold a year, profits will go through the roof.


    Extremely happy to see these sort of cash costs in the BFS. Even much lower then i thought they would be.
 
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