Ann: Significant increase in Glen Wills gold reso, page-5

  1. 1,482 Posts.
    re: Ann: Significant increase in Glen Wills g... So in general, a profitable gold miner depends on 2 factors, cost of production and gold price.
    Cost of production depends on the grade of gold mine, labour, facility costs, etc.

    How much would need to be spent on capital equipment and labour to extract the gold from sunny side etc???

    I wonder when SML may consider extracting the gold, and how far away they are from considering raising funds and extracting the resource????



 
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