BCN 4.35% 2.4¢ beacon minerals limited

Look at Pre-Strip costs. They will come down so will cash cost...

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  1. 1,020 Posts.
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    Look at Pre-Strip costs. They will come down so will cash cost as not buying as much equipment. I think you would see almost $2,000/ounce coming off AISC so back to say $2k to $2.5k AISC. Gold AUD $4k-$2k AISC = $2k so 26k ounce for year at $2k = $52m profit. Very simplistic I know but you get the logic. We all need a good grade increase and production run with no weather issues and we will be a lock for a great year. I'm looking forward to the Resource and Reserves upgrade. Gold today AUD $3,845 so not far off the mark if the team can get the costs down.
    https://hotcopper.com.au/data/attachments/6460/6460401-63691ab9813fadc021795a57f5a7589c.jpg
 
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