GT1 green technology metals limited
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GT1 are now working on the open pit having a US$850/t design...

  1. WhatsTheTip
    3,848 Posts.
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    12/11/24
    09:48
    Post #: 76558833
    GT1 are now working on the open pit having a US$850/t design constraint at Root.

    I'm not sure the market has really recognised yet that GT1 was using high pit constraints not because its a high cost operation but because it wanted to report resource that would be mined via UG before the UG development work to report that resource was ready. A US$850/t pit constraint is massively lower than some others are using currently. With the pit constraint being the maximum not average price, average C1 costs should come in lower than this.

    https://hotcopper.com.au/data/attachments/6602/6602334-107f59a2ffda263c8cca3390de800e98.jpg

    GT1 Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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