In the recent equity raise presentation on the 27 March pg 5. They said the following.
Chatree successfully operated from 2001 to 2016, producing in excess of 1.8Moz of gold and 9Moz silver Existing Life of Mine (“LOM”) supports steady-state gold production target of ~110kozpa at an attractive AISC of ~US$1,255/oz over a ~9 year mine life (based on Reserves only)
They fail to exceed expectations with everything else I wouldn’t expect anything better that USD 1,255. Still leaves A$900 margin using ex rate of .66. I will be happy with that, just get plant 1 up and running. Bunch of Useless u know what.
General discussion, page-3862
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