Enrich if you are refering to my comment i was only comparing to RED, another goldie about to produce in the phillipines. Their cost per oz is supposedly $350. Thats no big deal though, its always going to be cheaper outside oz, and hopefully less sovereign risk, although you never know with gillard in charge, maybe there'll be an oxygen tax next. If pog stays at current levels then cost per oz is no big deal as long as they actually get on with it. Took red pretty much a full year from when they said to when they "apparently" will start production.
cr to be at 0.10 (?), page-56
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