grossly oversold, page-18

loki,

happy to get any advice thats going, sorry i dont agree with you about 1.76, I say again 1.76 is not worth mining, profitable low grade deposits are extremly large and are mostly free dig, and some heap leach, once you add a drill and blast, load and haul and the crushing component you need above 2gt, pref 2.5gt, africa is cheaper to mine but there is fixed costs, fuel, steel, equipment and parts, labour and tax being the only real upside

the only positive is the aust dollar, gives oz exploration companies working overseas a great advantage.

71c4