From Nov21 preso:
Stage 1
• LOM AISC $1,290/oz - Initial 8-year mine life
Stage 2 incl Blue Spec (to be confimed via June22 DFS)
Capital of $28M funded from Stage 1 Cashflows
• ~A$1,292/oz AISC over life of mine
Comments on costs:
Costs
• Unit rates locked in for mining
• Fixed power costs per kw/hr
• Labour – anticipating cost implications
• Consumables – Rising AUD creates potential to save
• Costs mainly dependent on ounces produced, see above
Ann: Mining ramps up ahead of 1st production in June quarter 2022, page-224
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