Ann: Austral Resources Company Presentation - RIU Sydney, page-272

Unfortunately the copper price is down 13% this month alone.

You'd also be silly to assume that the AISC is the same as it was 6-12months ago give tightening supply constraints and increase in fuel, labour and lower grade tonnage first few months.

Also, I'm not saying ramping up is going to take a while, I'm saying that the cost of the operation is largely the same whether we're producing 257 tonnes in May or 885 in July, the AISC will be, overall, more expensive per tonne.