SPR spartan resources limited

Ann: RMS: Ramelius makes strategic investment in Spartan Resourc., page-109

  1. 6,799 Posts.
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    Thank you.

    The only gold mine in Australia I am aware of with an AISC of less than $1k is Forestville and then Cadia which has Cu credits. However I think there are others owned by international companies with very low AISC of but I cannot remember their names.

    BGL DFS was an AISC of $1.0k to $1.1k which I expect will be higher when they issue guidance in the near future. Both CMM and EMR are a little over $1.2k. Not aware of any others less than or close to $1.2k but I am sure there are some.

    I took note of the wording they assumed ONLY 1.09m Oz is recoverable from NN which is maybe implying their assumptions may end up being conservative as the expectations are of a significant increase in the upcoming MRE update.

    I wonder what their estimates of AISC will be if SPR discover another NN/Pepper below WW especially as WW seems to be a lot wider than these two deposits.?


 
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