I'm seeing that the cash costs per ounce at $600 is much too conservative
at 15 g/t head grades and the almost certain accurately calculated costs of $175 per tonne (including depreciation) the cash costs would be more like $350 cash costs per ounce
"accurately calculated" - I've done that calculation for costs per tonne dozens of times, revised it over and over to account for every possible expense and possibility, even allowing for the cost of building a decline and all other development
MCO Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
