Good clean napkin analysis NWL . If you have any ink left in the trusty Montblanc, what are your thoughts on this :
Current stockpile of 560kt @ 1.2 g/t . Already mined ( and presumably already costed in contract mining costs, and hence AISC ?)
560,000t x 1.2 g/t = 23,704 ounces stockpiled.
Margin on those ounces maybe $1,700/ Oz as they are marginal Ozs with only processing costs still to be incurred ?
So roughly $40m sitting on the ROM as supplementary feed ?
Cheers
Ann: Further record monthly gold production at King of the Hills, page-17
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