fyi thats potentially very misleading.
mines go through cycles where they are digging ore vs when they are moving waste material to get to the ore.
their c1 cost obviously goes low when they are mining the paydirt, then goes up while they are moving waste - because c1 is operating cost/ per unit of paydirt.
conservative management teams wouldnt ever mention 1 month c1 costs because of this .
Todays Sept Qrtly Call, page-11
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