Hard to believe the low AISC for POG for the project given the low grade seems to have similarities to the mine ASX listed BSR had in Tucano but Tucano has about a 40% higher reserve grade but is still has an AISC close to US 1300.
Therefore I find it hard to believe the $712 AISC BRV are quoting
Still and Interesting presentation , my sister in law's home town is Natal which is just down the road from this mine . I wonder how they will get this mine up and running , my brother and sister in Law had a small supermarket in Natal 20 years ago but had to close it down due to extortion and corruption , in the area a gang allegedly was paid by a competing supermarket to extort and intimidate my brother and his young family .
BRV Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held