Page 28. MARKETING Gold dore from the mill will be transported to a gold refinery within Australia. Currently the futures curve is in contango indicating higher future prices. The current mine model utilises a A$2,450 gold price for the life of the model which is ~25% below the spot gold in AUD (Figure 2). INFRASTRUCTURE TCMG will be constructing the gold plant at Nobles Nob which will be supported by associated local infrastructure. YES, but when????
ERM Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
