I think you should use your common sense and do the math like EMR non executive director trusted kcn management and purchase 2m shares but as a shareholder you are questioning their ability before they start running the show. If kcn had cash or they start as a newbie’s then a lot of things was easier like loan or CR but they now have to make sure they aren’t diluted us too much, dealing with thai government for our legal side, make plans and then do the mining.
Our current production costs $22m (royalties inclusive)/9512= 2312.87 Our AISC with plant 2
with mining costs will go up another $5m but other costs will remain almost same but gold production will go north.
Let say 0.9g/t, 82.9% recovery rate we are looking at 20,385 per qtr and AISC around 1324.50 aud (me calculating safe side), however other poster calculated it will be 1.72g/t , 82.9% recovery we are looking at 38958 ounces gold, AISC 693.046
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I think you should use your common sense and do the math like...
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