The facts in your argument work against you , they were mining their highest grade areas first , which makes the potential LOM figures even worse .
I will concede though their mine plan has a lot larger early development component than many UG mines , and it is hard to differentiate what is development and not part of AISC and what is not , plus any development ore is inherently lower in grade than stoped ore .
Maybe a few more steady state quarters are needed to work out what costs will be going forward .
The facts in your argument work against you , they were mining...
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