AWJ 17.7% 30.0¢ auric mining limited

Ann: Jeffreys Find Stage One Production Exceeds 9,400 Ounces, page-49

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  1. 2,450 Posts.
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    Hi plough,
    That concern centres around the elevated gold price providing an environment where milling may be delayed or milling costs become elevated due to a period of over demand for milling services as a result.

    Without the elevated gold price proceeds from this milling run would have been halved.

    Costings from other sites that include a Capital requirement are based on buying New equipment on a replacement basis.
    Contractor costs may be above or below this if running a different cost model with older equipment.
    So I wouldn't use those for calcs unless your planning on running a site/ business for 10yrs plus or on a short write off site where you Nil value the plant at the end of operations due to costs of removing plant.
 
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