Ann: Commencement of Processing , page-14

Costs for the toll treating arrangement are expected to be around $1250 an ounce. But as mentioned in the announcement dated 19th January $380 of this comprises toll treating and trucking costs. When the orient well mill is commissioned costs should be around $870 an ounce ($1250-$380). So potentially good margins are expected if i am reading it correctly.....

"Costs of production are expected in the region of $1250 per ounce (including Toll Treating and Trucking costs). With trucking costs in the range of $380/ounce this will make cash costs on site at Orient Well, significantly lower based on initial scoping studies of refurbished mill and pit optimizations".

http://www.asx.com.au/asxpdf/20120119/pdf/423v9gg48vfsdj.pdf


DYOR !!!!!