Pantoro's ASIC (they are the processing plant at the Nicholson site - near Hall's Creek) is A$1,612/oz and they would expect to make a margin on that for tolling. Pantoro's have been getting A$2,698/ozs for their gold. So for 100kozs you would expect to get about A$100m - A$80M after taking account of transport, refining margins, tolling profits and recoveries - still a good investment for a company with a market cap of around $80m and prospects.
Ann: Gold Mineralisation Extended 360m South of Butchers Creek, page-101
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