Yeah, I went to the site back in May, it's a good-looking operation, but totally a GR-run situation on site currently. Be keen to see how it transitions after handover. It's a shame cost have moved but I was thinking there's no way the old FS numbers hold. I think we just missed the boat, 12 months too late, the old lead price would have held the margin in good stead. Instead lead has dropped and costs have risen.
The benefit is the long life of the mine, it will deliver solid cash over time and potential for copper and gold at depth.
I think wages come down in a year or two. They probably couldn't get much higher, and with gold companies going broke some more capacity will eventuate.
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