correct... fitnfan...costs include pit planning and...

correct... fitnfan...
costs include pit planning and permitting...environmental studies...geotechnical studies...grade control drilling...mining...carting ore...milling...rehabilitation...deposit for mining rehabilitation fund...not to mention the all in sustaining costs of running the company paying staff and paper clips

i cant see much profit particularly carting 1.47g ore to coolgardie.

someone else mentioned that bml mining would have to be sure of their costs before taking on the risk...not really true...they only have to know they wont lose money...they make reasonable margins on all aspects of the mining operation and they are not going to go broke if their share of the overall profit is small..(mills are seperate and make there own profit but the miner has some say and can renegotiate the costs per tonne if recoveries aren't as expected...the mill would prefer to treat the next 180,000 tonnes rather than be idle while the miner goes broke).

if profits