CDG
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0.00% 7.0¢ cleveland mining company limited

Nah Semillon, you're correct.The higher cost is due to lower...

  1. Aussie Eagle
    2,123 Posts.
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    29/10/13
    13:50
    Post #: 12500430
    Nah Semillon, you're correct.
    The higher cost is due to lower grade as it has been up to now and having to process more tonnage.
    Then, as they move on to O Capitao the grades increase significantly, therefore lower cash cost down to $400/oz.
    All based on gold-price of AUD$1,375.
    As I type, the current PoG is at AUD$1,423 - long may it continue to rise eh..
    CDG Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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