BGL 3.23% $1.76 bellevue gold limited

True, we got to consider Australia is not a cheap place to mine...

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    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.
 
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