AVB 0.00% 16.5¢ avanco resources limited

announcement out on asx , page-92

  1. 10,593 Posts.
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    Blue Turtle

    I think you are getting something wrong here. I've been up since 3am so perhaps not at my finest mentally. However, OZL, 100,000 tonne operation. Cash costs around $1-$1.20 per lb in Australia. Ore grade 1.2%.

    Yet they are managing to make very good money. Check their latest ASX presentation for more data for any one interested.

    DML, different environment but cash costs of $3000 expected and ore grades below AVB's? $5000 plus per tonne change. ?

 
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