This is lining up very nicely CJ,
In a recent interview Will mentioned targeting 2-4mlb production rate once sure up the resource more.
Our AISC is less than $30, lets say we can average offtakes at $75/lb which is likely the marginal number for most companies, thats $45 margin.
2m production x $45 = $90m pa
4m production x $45 = $180m pa
But this is USD, convert to Australian dollar and we are looking at $127m-$255m profit per annum for a little over $100m MC.
No brainer.
This is lining up very nicely CJ,In a recent interview Will...
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