Latest H/Y reports:Extraction costs, copper, per pound including...

Latest H/Y reports:

Extraction costs, copper, per pound including credits:

PNA (PanAust) .................88cents/lb
OZL (opencut)..................49.1cents/lb
OZL (Underground - estimated).125cents/lb

Figures from the Half Yearly Financial reports available at their websites or Commsec or ASX Announcements.

Any claim that costs could approach $3.00 / lb is without any foundation whatsoever.

Including Cobalt and Gold credits could easily put extraction costs below $zero. The DFS will clarify that.