"Not investing because their costs are low seems to have the investors rule up side down to me.'
I agree
I would be more inclined to consider investing in other similar companies to HGO with low grade UG mines if HGO's MD proves even as an outlier that it can have sub $50 a tonne direct mining costs .
Bill Beument by example at NST did more to bring down UG mining costs in Australia in the last 15 years by dropping TBJ down time between firings .
Ann: Fremantle Conference Presentation, page-48
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