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04/01/23
09:47
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Originally posted by silverfox213:
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Am I missing something - why the talk about costs? From the september quarterly - very roughly: -6.366m costs + 0.257m stage 1.5 = -6.109m 6.109m / 34991 tonnes ore processed etc = $174AUD/tonne processed. Now obviously that 6 million number has transport etc in it as well, so its more like a total cost per tonne actually. $174AUD / 1.45 = $120 USD / tonne - for breakeven. Does this make sense? Why would we expect costs to have changed materially from jul-aug-sep? what has happened? Doing the same stuff as Q3; processing, transport etc...
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Believe its cause we are leasing everything, and using third party labour to scale faster. but maybe it is closer to the figures you suggested