9 bucks to mine an oz of gold!!!, page-3

I have this on my radar also, missed it yesterday. I think they are offloading ore to nearby smelters for processing.

I am no mining expert, but I don'y think they would be receiving full market price for their product.

Processing costs would have to be subtracted.

From their website.

"With financing due to be locked away at the end of the year, the company has already received four letters of intent from smelters to buy all the mine product for the life of the mine, which currently stands at six years.
Its location could not be more ideal with all the major regional smelters within striking distance. Gencore's PASAR copper smelter is only 200 kilometres south of Rapu Rapu island and treats copper concentrate, while copper concentrate can also be sold to Japan and zinc concentrate to Korea and Thailand. "

R