If you get 11koz for AISC 2200 sold at 2500 we made 3 million from it. We've spent 220 million on it, so at this rate it will take 18 years to get our money back. Trouble is the LOM is 5 years. It has always been a crap deal and remains so. The only way out is to strike something exceptional and when most of the drilling is centred on the current mine, we are going to need extraordinary luck to hit something in the very few new drill targets. Oh and while I'm at it, we've spent at least 220 million on it which one could argues value everything else at 176 million, the worst valuation for everything else since we bought Peak. Go Dan! Yes please go.
AMI Price at posting:
25.3¢ Sentiment: Hold Disclosure: Held
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