Disco Stu
"Is it cheaper to build theirs first?"
Significantly cheaper. From memory it is around $100m cheaper. However, GRY would be producing around 160k ounces pa while PVM would be producing 200k ounces pa and have a somewhat lower cost of operation (again from memory - check out their BFS if you are interested). GRY may be able to earn a bit of extra revenue from a low cost heap leach operation at one of its gold deposits thereby increasing the production level - a study on this is being undertaken.
GRY's ore body is near surface, PVM needs to spend around $80m to clear 300 metres of overburden to get to its orebody. PVM's average grade is around 2.2g/t, GRY is around 2g/t (I think).
The problem with GRY is its management, not its gold deposit.
loki
- Forums
- ASX - By Stock
- CBA
- Ann: Becoming a substantial holder from CBA
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CBA (ASX) to my watchlist
(20min delay)
|
|||||
Last
$133.34 |
Change
-2.050(1.51%) |
Mkt cap ! $223.1B |
Open | High | Low | Value | Volume |
$135.00 | $135.00 | $132.68 | $232.9M | 1.744M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2302 | $133.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$133.34 | 387 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2302 | 133.290 |
1 | 2301 | 133.090 |
1 | 152 | 133.020 |
1 | 60 | 133.010 |
2 | 5022 | 133.000 |
Price($) | Vol. | No. |
---|---|---|
133.340 | 387 | 1 |
133.360 | 3233 | 1 |
133.390 | 3280 | 1 |
133.410 | 574 | 1 |
133.430 | 4251 | 1 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
Featured News
CBA (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online