Just listened to the Peter Marrone (Executive chairman of Yamana gold). There cost asic per oz have dropped due to increasing output.The fuel cost has risen but fuel only makes up 5% of their cost it's labour that's the clincher being 40-45%.
WA borders reopening combining with as you've all mentioned an expected increase in immigration should help moderate labour cost pressures and provide the ability to run the machines at full capacity.
WA's comparatively low realestate values should entice Eastern States workers to relocate, I'm mystified by the lack of relocation as for me personally WA was where I went to get ahead 20 years ago. Such an exciting period of growth lined up in WA's near future.
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