BMN is NOT one of the highest.Trekkopje and Valencia are...

BMN is NOT one of the highest.

Trekkopje and Valencia are undoubtedly higher....let alone many of the Aussie and Canadian companies.

BMN is however one of the only U companies in the new crop of up and coming producers that has completed 14 months of engineering and testwork to determine the realistic cost of production. These numbers will come down with new resource due to inclusion of higher grade, lower strip ration material from onkelo etc.

the vast majority of the "other" companies have only completed desk top scoping studies and have therefore released glossy versions of capex and opex.

BMN first to complete this vital stage. they are being shot for being first over the trenches.

also, pls for the umpteenth time, dont confuse spot with contract. an article giving BMN a hard time late last yr said that industry wanted long term, large scale production.

it failed to mention that BMN will deliver exactly that.

the lack of understanding in the U space is just mindblowing.

PS - great comments on metallurgy form a poster on this thread, i advise you read his/her comments closely. Nice to see some expert contributions, we appreciate it.