re: Ann: Quarterly Activities and Cash Flow R...
Seems very conservative OPEX of $160 per carat considering the the strip ratio would be virtually nothing and they have around 0.24 carots per ton, so for every 4 tons of ore there would be 1 carot. Therefore $160/4 = $40 a ton in OPEX or about $80 per BCM in OPEX I would have thought OPEX would have been around $20 per BCM with my knowledge in alluvial gold mining costs Corrent price of diamonds have a ROM value of $300 a carot seems like there is plenty of margin here
NAD Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held
