Not the point l was getting at. 1g/t does not work at this sulphide project too high on aisc. If they can get more than 4.8 g/t for underground (which has been achieved). Then get above 1.4 g/t for open pit exploration and reserves we are going to be a huge resource mine. aisc around 1,300-1,500 Aud. Remember we are not processing to gold bars. If they can get the Russians to take 10-15 percent to do this then aisc including the Russians should be less or a little lower than $1,500 Aud. Then stage two which would reduce aisc by a further 150-300. Or spend some money and have your own sulphide plant and then be the only decent sulphide extractor in the area. I bet some other producers around the area may agree.
WMC Price at posting:
$1.05 Sentiment: Buy Disclosure: Held