For the xrate I did a quick calc based on the 80cents in the dollar the aud currently is:
At $920usd oz/0,80 gave me $1150 oz.
Yes, going the other way: 1150/1.2 gives $960
The 1.3 is from the Report I referred to last night page 4 if I recall.
Whatever it is I think it's a safe working figure atm anyway.
Re stip...I think you can cover most of it...keep in mind that the project is on top of a hill, so the earlier strip ratios may not be significantly higher than those further down the pit
The big thing to keep in mind, in addition to a robust project as seen in that spreadsheet (imo), This project will open the door for RAU in Bolivia, there may be excellent other projects that can enter the stream..
cheers
BIG Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held