Hi Oldcar,
My figure just accounts for mining and hauling, not processing. Yes, if you add the processing costs it goes to above $1500 easily.
This is all based on the premise that they will search for a toll treatment agreement with some neighbouring gold miner. So additional cost for treatment will include whatever percentage is agreed.
In any case, I think the company won’t mine the resource, and I know that goldies are hungry for these kind of deposits.
So it’s just a matter of time IMO.
Ann: 40m at 7.2 g/t au from 192m extends Lady Julie North 4, page-11
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