Hello. GK, I think you are over simplifying the OPEX calculation. I commend your efforts as there are many variables that are project specific. The competent people in charge have years of training and experience applying the appropriate cost classes, formulas, weighting and calculations. As I am no mining engineer or accountant, I will have to wait for the scoping study to see their justification so as to better assess their methodology. Not long to wait now.
Ann: Capao do Mel Resource Update Doubles Caldeira M&I Resources, page-29
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