i would imagine it has been scaled up from that level, alot has...

i would imagine it has been scaled up from that level, alot has changed since when that figure was first touted, i also note that it was included in their three mine strategy with $560 being the average, possibly there are savings if all three mines are running?

i think its fair to say many on HC were pleasantly suprised with the figure coming in at $752, it was at the lower end of most expectations, with that in mind if they can get the recovery improved out of the mill, start mining some higher grade ore and trim expenses its possible they could get it down to low 600's??

but for now as i stated recently i'd be happy with pruning it back to $680.

I guess what punters need to realise is AXM was never going to be a lowest cost producer, we now know where they sit and to be honest it is currently a fair way off some early expectations, theres plenty of plays out there mining much cheaper, punters need to decide for themselves if they are in or out.

For me theres plenty of upside from here, I'm sitting tight.
Davo