Ok let's not talk mining costs because there is a full feasibility study in place but where that study is dramatically wrong is in the profit margins , gold just hit $3700 which means if production targets are met then at $3700 this project will generate an extra $28 million a year and a safety buffer is now in place , if production was AROUND 20% short of projections the anticipated profits would still be met , this is a very nice position to be in . The Gold price in 6 months time is any ones guess , my guess is a continued firming , lets see what happens .
BC8 Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
(20min delay)