2. Haulage cost - Assumes 13c/tkm for average 100km haul (assumes Genesis builds a haul road from its deposits to the Mt Morgans mill); 20c/tkm for average 10km haul (shorter cycle times)
"assumes Genesis builds a haul road from its deposits to the Mt Morgans mill"
I wonder what the costing on building a haulage road is. Is that included in the $13 per ton haulage? Probably not.
Would it be cheaper just to move the processing mill closer to to GMD's tenements, particularly as there is a lot of uncertainty about the future cost of diesel. Hydrogen powered truck are a little way off for general use.
OR will Mt Morgan turn out to be a long term economic resource.
https://www.daciangold.com.au/site/exploration2/mt-morgans/base-load-exploration
I really hope RF knows what he is doing.
I have bought in a less than A$1.205 p/s placement value hoping big investors know what they are doing.
If $US stays high theoretically Gold treads water.
Diesel price is the achilles heel for all fossil fuel dependant miners. Sooner there is a change to long haul hydrogen powered vehicles, with adequate source of hydrogen, the better. Twiggy gets that. Not enough exploration is being done for oil and soon enough there will be a shortage. Just double the cost of liquid fossil fuels in 4 years or before.
Now most people won 't be thinking of these issues in the short term.
As soon as takeover is done and dusted share price should get a good bump but I hope RF is thinking about long term ways to power the mine trucks. I assume he would have to be.
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