"Serato was $40oz opex! but it was only ~80oz in total and resource grade shifted from 50gt [original total] to 20gt initial mining"
Crackpot:
Page 6 of Troys 2006 Annual report: "....the Sertao Mine which over its life delivered 247,000 oz at a spectacular grade of about 29g/t Au.....".
Yes the initial resource calculated by WMC who discovered the deposit was ~50gpt, but the reserve calcs done by TRY were pretty close to 29gpt.
"Serato was $40oz opex! but it was only ~80oz in total and...
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