LRV 5.33% 39.5¢ larvotto resources limited

from previous operation by RVR back in FY2021total gold produced...

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  1. 10,390 Posts.
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    https://hotcopper.com.au/data/attachments/6407/6407911-237b25dd499a30a4dcb86d6848ba91f7.jpg
    https://hotcopper.com.au/data/attachments/6407/6407912-b8739492e0bead0a37a49ffe76c61db9.jpg

    from previous operation by RVR back in FY2021
    total gold produced 2188oz
    production costs $1.6m
    that is $731.26/oz
    and this is from processing the stockpile
    so there's no mining cost



    https://hotcopper.com.au/data/attachments/6407/6407927-ef4ea73bee419d5e50078fea7f14afc1.jpg

    average gold-eq production 80,400 oz

    https://hotcopper.com.au/data/attachments/6407/6407952-7314d3e32a448100c1ed8592eb10b2c1.jpg
    mining operating costs - $88/t
    processing rate 516k/year
    LOM gold eq production 80,400 oz
    then opex will be 88x516k/80,400 = $564.77/oz


    add the opex to $731.26/oz from RVR operation will give C1 cost ~$1296/oz
    this makes the PFS's C1 cost figure underestimated, imo

 
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