There is a lot of "fat" in the scoping study. I am not concerned about the drop in the gold price and tbh, i thought that it was getting a bit toppy once it moved rapidly from $2500 to over $2750, it was always going to pull back. The scoping study uses $2,200 gold price. Could gold go back to $2,200, maybe, but in my opinion, it won't stay there long as mining costs have gone up and the majors need a price above $2,200 to make a decent profit margin.
Ann: Waste Dump's Lab Results for Aggregate Use, page-27
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