Hello jumpstart you are right about those costs. Happy to set this straight though - the road had to be moved because we had a bag of ounces under it - Apollo - and what an excellent investment.
From 150m down to 200m the grade is more like 6g/t. I might be too nice at times and I do understand star's frustration but I like to get the facts calmly and avoid knee jerk reactions based on emotion. Perhaps it is the lack of emotion that gets interpreted as being nice.
Star I am not having a go at you here please don't take this the wrong way - some of your insinuations could easily be considered a TOU offense in here but I leave that one alone. I get it you are angry and I too was surprised and unhappy about the Coolgardie costs. I stated that it came out of left field for me and it clearly changes my 'current' valuation.
I have my own view on the sector and gold, the debt markets and other factors that will influence the SP in future, short and longer term.
The extra $10M mining cost in this quarter will include Alicia pre-strip and additional mining costs as higher grade benches are liberated to maintain production levels at Laverton. We need 2.2g/t to achieve this.
Regards,
CW
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