BCN 0.00% 2.3¢ beacon minerals limited

Ann: Appendix 4D and 2020 Half Year Financial Report, page-6

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  1. 1,100 Posts.
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    AISC has not been released as yet. This is what we know:

    https://hotcopper.com.au/data/attachments/2923/2923821-c2c5d11b32ebc4a795d5e160a8fee7aa.jpg

    The sustaining cost was estimated at $40 per oz in the PFS over the life of the project. It won't be that low yet as there are a number of costs incurred upfront which will see a higher sustaining cost now and a lower one later such as the accelerated mining program, increased tailings capacity, purchase of critical long lead spares etc. I would say somewhere around $800 per oz sustaining cost would be expected for the project to date. This gives a current AISC $1,153. Noting that both the sustaining cost and cash cost are expected to come down, particularly when we start running through some high grade over the coming months.
 
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