Share
2,627 Posts.
lightbulb Created with Sketch. 841
clock Created with Sketch. 05/06/18
20:15
Share
Originally posted by Dr_Manhattan
↑
No one is doubting that AVZ will have higher ('significant') transport costs compared to peers like AJM. Everyone knew this buying in. I'm sure everyone that invested in BGS also knew it (Yes, BGS has high transport costs at $95/tonne...I'm trusting their revised numbers down from $173/tonne for the purpose of this discussion btw). I also remember BGS holders getting hammered on this issue in the past (just like AVZ is now). In the end, it looks like the low onsite cost for BGS will make up for their high transport costs and make them very competitive (even more so than AJM). Same deal IMO for AVZ who has an even higher grade and far more homogenous deposit and unlike its peers has a potential tin credit.
Expand
High quality post as usual!Just a side note; like AVZ with the added bonus of tin , BGS now has a Gold royalty (4%) income stream through having some of their gold deposits mined by Randgold.Hopefully both companies wont need to raise as much $$ with these other minerals adding to the coffers.
