AYN - Forecast annual production 1.5 Moz NCM - Forecast annual production 2.3 Moz
AYN - Operating cost 13.5/oz CCU - Operating cost 8.5/oz
These figures were from last year and have probably changed marginally now? AYN's biggest advantage is that they are in business now. CCU is not to far away though and their production numbers stack up better. AYN's capital expenditure (10 mil) is significantly less than CCU (38 mil) as they are using existing plant.
?If we can produce 3 million ounces of silver a year ? that?s the targeted levels we?re looking at now ? it will put us in the top 15 silver mines in the world.?
IAN LAWRENCE MANAGING DIRECTOR COBAR CONSOLIDATED RESOURCES