You are probably right , I just feel they will make a bit more than what you say , even without the Ag (guessing worth 5% of total revenue in smelter credits ) they are talking about delivering 85K oz Au over 3 years and strip is a low 4:1
I guess the issue is contractor excavation costs are very high it seems in Argentina , and so is processing costs with a small mill like they propose using plus a relatively low recovery rate guessing 80%
Maybe they can buy or dry hire their own fleet of trucks and excavators ?
What processing and mining costs were you using in your calcs ?
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