Ann: Company Update - Bullant Gold Mine , page-32

sorry bandwagon - time for you to go back to school.

gold companies tend to show the cash cost per oz - and those costs will tend to be directly related to grade.

kmc are toll treating the ore - which would be done on a per tonne basis - and double the grade, then halve the cost (per oz), of toll treating the ore. the same for transport costs - the contract haulage, would be on a per tonne basis. direct mining costs, are also related to grade.


of course, there are other costs (eg pre strip, and other development costs), which are capitalized, and amortized over the life of the mine, or resource oz, or whatever.

getting back to the cash costs, which a lot of people tend to focus on, then watso will be correct, to claim, that costs are directly related to grade