LRV 2.22% 66.0¢ larvotto resources limited

Ann: Hillgrove Gold-Antimony Project Pre-Feasibility Study, page-543

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    lightbulb Created with Sketch. 733
    https://hotcopper.com.au/data/attachments/6407/6407819-becb6403cd11d795712448b7b6aae13d.jpg

    the spot price valuation has inflated the price by 4.6%

    C1 887/oz
    AISC 786/oz which include the sales of Anitmony at 15000/T base case

    when Straits Resources operated the Hillgrove Mine from 2004 to 2010
    C1 ranged from 800-1000/oz
    AISC 1200-1500/oz
    Antimony price ranged from 4000-15000/T

    so PFS's C1 number is within the range from previous production
    but AISC 786/oz after deducting the Antimony sales, from previous production it looks like AISC should be around 1200/oz



 
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