Factors like orebody depth, metallurgy, size, and mineralisation style differ wildly and play a massive part in measuring all in sustaining costs (AISC) – that’s the amount it costs an operation to produce one ounce of gold.
MDI have previously noted the AISC is feasible. Troy Resources, who used to operate there had a SP of more than $4 and produced 500K ounces at an average grade of 3.6g/t
DYOR - it took me five minutes to find this data about Troy this morning. Instead, you just post about being ‘uneasy’. If you’re ‘uneasy’ don’t trade the stock. I see you are a regular poster on Hotcopper so perhaps you have other motives in talking down MDI..?
MDI will restate the AISC when the Feasibility Study is released later this year.
Do your research and hold MDI.
IMO and GLTAH
Factors like orebody depth, metallurgy, size, and mineralisation...
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