Sorry c3 Costs for heron are 34c per lbs in pfs! New century was 50c per lbs.. my bad.
Pretty bloody good when you consider we are getting $1.25+ per lb! How many gold producers do you know that run an all in c3 cost of $340 per oz and receive $1250+ per oz spot? Exactly! F all! This with strong zinc & copper fundamentals and the possibly interest rate cuts is making heron look very tasty.
Sedgman can gf! Them and the normal teething worries of a new mine is the only thing holding this back in the short term, but honestly I think we are going to be operating cash flow positive well before name plate capacity which is really going to make is stand out and shine in comparison to others. Next 3 months should be great imo!
Glta
HRR Price at posting:
58.5¢ Sentiment: Buy Disclosure: Held
