The problem is after "All in Sustaining Cost" HGO will have an "All in cost", so while their AISC is $2.22, their AIC will be higher, say $2.62.
As an example of another Copper/Gold mine, in Q3 C6C reported AISC of $4.5 and AIC of $4.95
So to compare HGO's AISC of $2.22 with CYM C3 of $2.82 is just incorrect.
AIC vs c3 is more correct but still imperfect.
Ann: Nifty Copper Project Restart Financing Update, page-158
-
- There are more pages in this discussion • 194 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
