SMY
according to this quartlerly
cash costs of around USD$8 or AUD$11 - you are right about the $3 mine gate, but then you have to chuck on royalty costs and smelting costs and also minus the by product credits
page 3 of the latest quarterly.
IGO
TOTAL CASH COSTS as follows
cash mining/development costs - $AUD2.59
Other cas costs (milling/royalties/site administration) - $AUD 1.78
= $AUD 4.37 IN TOTAL!
Info sourced from IGO june quarterly page 12 of 28
SMY
07/08 forecast production 15500 tonnes
08/09 forecast is around 23000 tonnes
from 17th july ann.
IGO
07/08 forecase is around 8800-9000 tpa with $4.5 -4.65AUD costs/lb
MCR
Cash costs is AUD$6.50/lb for the year.
AGM
is about $3 USD/lb
DISC: hold MCR overweight, SMY, IGO
recently sold AGM to buy more MCR
low cost producers, page-3
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