Investor Preso from May says AISC AUD$1140-$1190 p/oz discostu89. I think that figure is falling though as per Mark Clark comments page 2 in July Project Upscale Ann.
Capricorn Executive Chairman Mark Clark commented:“It is very pleasing to see our significant plant design and equipment selection efforts materialise into the potential for a higher throughput processing capacity. With the potential to process up to 5 million tonnes of ore per annum in the first three years of the project this should have positive implications for production, payback and overall project economics. Meanwhile, site-based work is progressing at pace towards a target of commencing plant commissioning in the March 2020 quarter and producing first gold in the June 2020 quarter”.
A lot closer to production than $DEG our ASX300 buddy
"Build it and they will come"
CMM Price at posting:
$1.96 Sentiment: Buy Disclosure: Held
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