clearing permit approved, page-3

I disagree with the blanket of comments about it doesnt' matter if cash costs are $600 or $900, asl ong as the pog holds at $1,500.

I think far too often people are forgetting that whilet he POG remains at $1,500 the company still remains profitable, but that doesn't mean you're going to make a buck. You make a buck off the share price going up. And the share price goes up, amongst many factors, based on, essentially demand and supply. With demand obviously, well technically shoudl be, based on fundamentals and valuations. A cash cost increase means a lower valuation. You only make money off what others are willing to pay you for your share, not a profitable company. And they definitely won't be willing to pay as much if cash costs went from $600--> $900, in simple terms.