Cattlin 2.5 years mine-life, page-39

The net profit margin per ton was quoted by Anthony Tse at the AGM going by the notes from @1912. Suggest you review them - You will see there is a significant buffer for increasing costs and/or reducing price.

We will get a clear indication of LOM at the end of Q3 when it is updated at the end of the drilling programme - No need to hypothesise based on third party information now.

Like I mentioned yesterday in response to your post (I don't think you saw it), a reduction in price is unlikely to be seen until post 2020 or later. This is based on off takes being secured by an upcoming producer at rates higher than that of GXY (close to US $1,000), effective all the way to December 2019. There are many other examples from the market from then ASX by way of DSO or similar pricing to that achieved by GXY which was a 'record'. No factual evidence suggests the claimed pricing of ~US $500 you have alluded to.

M92