Does everyone here really believe that the LOM AISC reported arguably is going to be the lowest AISC mine in the world in especially in 17 years time?
fellow peer Victoria Gold has really been struggling to keep their AISC below $1500 USD and that is cost that they are currently incurring and now what they are forecasting for the remainder of their LOM.
One can assume they are bad operators, but that wouldn't be true as their AISC is fairly consistent with the averages of most open pit mines and current average of all the mid tiers and majors.
Would you say that their deposit is inferior? but that wouldn't be true either as their strip ratio, grades, location and processing on paper is better/cheaper.
So serious question. Does everyone here believe in a LOM AISC of $1149/usd for a project that won't begin first gold pour till earliest 2026 and LOM until 2043!?? ..... $1149USD/Oz as of today for the next 20 years?
@princey37 Do you believe this?
Ann: Robust Phase 2 Scoping Study for the Estelle Gold Project, page-70
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