Here's the reality , initial AISC at $651 US/Oz is $1002 AUD leaving roughly $1500 AUD margin at 260koz in the first year.
390M of Margin in year 1 alone.
It's absolutely ridiculous with 1 quarter to go people are selling this down when a big player took at stake at nearly 30% above today's close.
Good to luck to the sellers today.