True, we got to consider Australia is not a cheap place to mine and our labor costs are on the high-end globally. Everytime they announce a wage increase, it's gonna contribute to a higher aisc, unless if savings are found elsewhere, but let's be realistic over 5 years prices aren't going down anywhere even with cost cutting in other areas, and sometimes cost cutting only results in stopping overall operating expenses from rising further for any business.
True, we got to consider Australia is not a cheap place to mine...
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$1.44 |
Change
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Mkt cap ! $1.689B | |||
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| $1.40 | $1.46 | $1.33 | $113.8M | 80.16M |
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