VEC 0.00% 1.2¢ vector resources limited

A few things concerning me atm; Did the previous study for...

  1. 345 Posts.
    lightbulb Created with Sketch. 23
    A few things concerning me atm;

    Did the previous study for Addidi-Kanga give a production cost of US$1300.00/ounce? I think would be pretty high considering it's not even selling for that atm. The Australian average ASIC (cost) per ounce is approx $1000 from memory, a few companies have a cost per ounce of around $300-$500, while a couple of mines right here in Aus have a negative cost per ounce, one of them about negative $400 ounce due to revenue from byproducts by memory.

    The cost of mining here in Aus should be a lot higher than the DRC wouldn't you think.

    So, what the hey is going on with the $1300/ounce in the DRC?

    Are VEC able to mine/processes it cheaper?

    I sold on day of the announcement but wondering whether to get back in maybe if I can get any more info on the above. Or maybe once a new feasibility study is done.
 
watchlist Created with Sketch. Add VEC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.