I did buy some (a small amount of) SLR .. but still hold CTO.i...

I did buy some (a small amount of) SLR .. but still hold CTO.

i will always hold CTO.

I value CTO the project.

Re Costs -

There was a big ore body WS19 that was developed that burnt a lot of cash last quarter and the Decline is also heading to the next ore body WS22(I think?).,, so there is some costly development way ahead of production.

.. when things settle down and we are producing at 100,000 oz/annum plus (and i believe it will happen) - this will be low cost I'm assuming total production costs of $500/oz (cash costs of $350/oz plus $150/oz for development, drilling and depreciation) - so if anything lower cost than the low cost producer DOM or at least matching it.

I can't see why not - we have all the infrastructure in place, electric grid etc.. advantages over DOM that should keep costs down.