The issue I see is the lack of a copper kicker. Cadia has a lot of copper - it'd probably be ~30% copper revenue.
If you look at the reserve grade from Cadia it is also quite a bit higher than the resource grade, which probably means some of the resource material starts to become uneconomic <0.3 g/t.
Cadia costs are also going to rise quite a bit over time relative to where they are in 2020. They had US$113/oz AISC last quarter but they were mining 1.4 g/t Au equivalent.
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Ann: Significant Expansion to Mineralisation at Boda, page-51
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Last
65.5¢ |
Change
0.005(0.77%) |
Mkt cap ! $396.6M |
Open | High | Low | Value | Volume |
66.5¢ | 67.5¢ | 65.5¢ | $1.570M | 2.373M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 30988 | 65.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
66.5¢ | 1570 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 30988 | 0.655 |
11 | 155689 | 0.650 |
4 | 29331 | 0.645 |
11 | 57709 | 0.640 |
3 | 19783 | 0.635 |
Price($) | Vol. | No. |
---|---|---|
0.665 | 1570 | 1 |
0.670 | 3050 | 2 |
0.675 | 15000 | 2 |
0.680 | 38605 | 6 |
0.685 | 14000 | 1 |
Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
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