probably too bullish to put int he PFS.... but, would be great news if it eventuates in the next 12-18months, would be a potential 20% kicker to the FCF at the expected US$400 AISC
From the Australian today
Macquarie summed it earlier in the week. "(We) expect gold prices to remain firm over the next 12-18 months (currently $US1186 an ounce) in a period that should see the $A/$US exchange rate weaken to below US70c, driving gold prices in $A terms towards $2000 (currently $1527 an ounce at a US77.6c exchange rate).
"This should see all Australian gold producers generate significant earnings over this period and is a key behind our preference for Australian-based gold production," Macquarie enthused.
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