Unfortunately inflation and rising costs are a reality of current world problems in many industries. This will be common theme for many companies next 2 years.
e.g. Get a quote to build your house today versus 24 months ago ? You would be looking at another 15-20% additional costs due to inflation.
- Timber up
- Steel Up
- Aluminium up
- Insulation up
- Labour hard to find
Ann: Ore Reserves Update and Feasibility Progress Report, page-5
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