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67.5¢ tietto minerals limited

Given that WAF's AISC is now is in the range of US$1,175/oz, I...

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freddypooey

80 Posts.

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26/04/23

11:03

Post #: 67454543
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Originally posted by MadMax69: ↑

They started saying 'from commercial production' in their 7 Feb presentation, but previous to that it was 260k 'in first year of production', so they covered their bases with the disclaimer. They removed the 260k claim in their 20 March update probably realising they were going to be way off. AISC is $200 more than the DFS in first years production too. They probably should have made it clearer much earlier that it was first year of 'commercial production'. Maybe I've been misinterpreting their DFS for the past 2 years.

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Given that WAF's AISC is now is in the range of US$1,175/oz, I will take US$875 to US$975 happily - that's assuming they meet their target though.

Triple the production in 2nd quarter

then double it again in 3rd and 4th quarter.

I would say this is definitely good news given how silent they have been in the past 3 months I was expecting total train wreck and all we got is a slight delay.

Last edited by freddypooey: 26/04/23

TIE Price at posting: 58.8¢ Sentiment: Hold Disclosure: Held
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